Power of Attorney Services
For those who seek future money management support to safeguard their financial affairs, our Power of Attorney (LPA) service provides extra security
Empower someone you trust
The Money Carer Foundation, together with our legal partners, act as joint attorneys to manage the everyday money management requirements of our vulnerable clients. We use our own banking platform, our vast experience and state-of-the-art payment systems to provide this much-needed service at a lower, simple fixed cost, rather than paying expensive legal hourly rates. This allows our legal partners to manage the more complicated aspects of managing a client’s financial affairs when their own expertise is required. This could be selling a property, dealing with an investment portfolio or other large assets or a variety of complicated matters outside of the everyday bill payment and money management areas. All our clients have the added peace of mind provided by our Client Money Protection guarantee as their funds are covered by a bespoke ‘LPA Security Bond’.
- Community-based clients
£75 p/m - Clients that reside in nursing or care homes or who are hospitalised
£45 p/m - Legal partner fees - LPA Documents being Drawn up and Completed
£450 - Office of The Public Guardian Fees – Standard Registration
£82
Power of attorney
The new LPA Management Account includes a multi-signatory approval process designed for all attorneys, ensuring secure and transparent decision-making.
- Account visibility in one platform
- All accounts are FSCS protected
- Incorporates the Circle of Care management
- Enables Attorneys to issue carer shopping cards
- Benefit from competitive interest rates through Insignis
