THanks for your question.
Lasting powers of attorney are the form used now, you can apply for one and have it registered with the Office of The Public Guardian. There are two types; property and financial affairs LPA (for decisions about finances, such as selling your house or managing your bank account) and health and welfare LPA (for decisions about both health and personal welfare, such as where to live, day-to-day care or having medical treatment).
You can set the parameters of authority under the power and when those powers are to be activate to give you some security.
They must be registered with the Office and there is a fee for each of £120.00. You can either attempt to make the application yourself (the forms are available from the OPG website along with lots of guidance notes and information) or instruct a solicitor to do it for you. It would cost around £600-750+VAT in legal fees preparing both forms of LPAs.
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