Transparent, upfront, fixed pricing.
Written quotes & invoices in advance. No VAT
Priced for value, service & excellence, not mediocrity.
We don't give advice, sales or recommendations.
We present you with options, facts and our opinion on them.
You choose based on your own requirements.
Powers of Attorney
MOST POPULAR
£250
1=£500 2=£650 4=£1000 (£250 each)
Office Of Public Guardian (OPG) Registration Fees (+£82 each LPA)
Personal consultation
Processing Payment on your behalf to OPG (Included)
All outbound postage to you and OPG
Comprehensive signing instructions.
- Property & Financial Affairs Lasting Power Of Attorney (P&F LPA)
- Health & Welfare Lasting Power Of Attorney (H&W LPA)
- Business (Commercial) Lasting Power Of Attorney
- General (Ordinary) Power Of Attorney (GPA)
- Deed of revocation (Cancel existing EPA or LPA) £50 each
- Search to check if you have existing EPAs or LPAs (Free)
All protection package prices have been rounded down, encouraging you to choose based on the best for you, not price. Each option includes at no extra charge:
1) A basic Will,
2) Severance of tenancy and registration with Land Registry (if required).
3) Letter Of Wishes (if required)
4) Visual Will (simplified diagram)
5) A watermarked copy of the Will.
IMPORTANT NOTE: Fern Wills & LPAs does not manage or register trusts. Our role ends with drafting the trust into the will. We happily introduce clients or bereaved families to trusted advisors with specialist trust management skills. Once a trust is activated, there are other costs. Trustees can conduct much of the work themselves or appoint paid professional assistance. Clients are always welcome to call and ask for guidance.
Collectively known as Property Protection Trusts (PPT). These safeguard a partner's right to live in the home while preserving its value for beneficiaries, such as children or stepchildren. They also offer protection against potential loss of assets due to remarriage and possible future financial obligations. When the life interest is finished, the property is passed to beneficiaries and qualifies for inheritance tax (IHT), residence nil rate band (RNRB) £175k allowances.
A) Right To-Occupy (RTO) - gives someone the right to live/reside in one of your properties. You can specify within this clause if this arrangement is for a set time or event, or usually for the rest of the person’s life.
B) Property Life Interest Trust (PLIT)—as above, plus it allows the life tenant to have rental income, surplus income, and the option to move or downsize.
Ensure that beneficiaries, usually spouses, children or vulnerable adults, are cared for if a spouse or parent passes away. Trustees manage the funds like a spouse/ parent would, providing considered access to essential resources rather than distributing them too early or too late.
C) Discretionary Trust (DT) - extra guidance for those under 25 receiving an inheritance.
D) Nil Rate Band Discretionary Trust (NRBDT) - Save IHT for unmarried- Widows -£2m+ estates.
E) Vulnerable/ Disabled Trust (VPT) - Protection and support for vulnerable/ disabled beneficiaries whilst maximising means-tested benefits.
F) Life Interest Trust - (LIT) Include property (PLIT), all assets and multiple gifts (if required) (High protection and auto NRB inheritance tax savings)
G) Flexible Lifetime Interest Trust (FLIT). These are the ultimate Will Trusts designed to navigate the complexities of modern family structures. They combine the strengths of Property Protection Wills and Family Protection Wills, offering a tailored blend that provides protection and flexibility.
This trust offers the most flexibility and control over assets, IHT mitigation, and discretion for Trustees. It includes all options for the PLIT and FLIT plus a discretionary trust on the second death. This trust allows for considered manual Potentially Exempt Transfers (PET 7yr rule), the option to transform into any other Trust (if Required), and maximum flexibility for the surviving spouse.
Maximum flexibility & Protection though more ongoing costs. Better for estates over £750k or where individual needs dictate.
