WHAT DOES THIS MEAN FOR ME?
This applies to lasting powers of attorney (LPA) and enduring powers of attorney (EPA) made in England and Wales. You can make a claim if you’re the ‘donor’ – the person who made the power of attorney, or an ‘attorney’ – appointed by the donor in an LPA or EPA.
The refund must be paid to the donor – or to his/her estate if the donor has since died and may take up to 12 weeks to appear. You only need to make one claim per donor, even if you made more than one power of attorney.
WHAT IS THIS WORTH TO ME?
How much you get depends on when you paid the fees – see table below. You’ll also get 0.5% interest. You’ll get half the refund if you paid a reduced fee (‘remission’).
|When you paid the fee
||Refund for each Power of Attorney
|April 2013 – September 2013
October 2013 – March 2014
April 2014 – March 2015
April 2015 – March 2016
April 2016 – March 2017
HOW DO I CLAIM?
If the donor is still alive, start here: https://claim-power-of-attorney-refund.service.gov.uk/when-were-fees-paid
You’ll need the donor’s UK bank account number and sort code.
You must claim by phone ( 0300 456 0300 (choose option 6)) if:
the donor doesn’t have a UK bank account
the donor has died
you’re a court-appointed deputy
CAN ALEX TRUESDALE WILLS LIMITED APPLY FOR THE REFUND FOR ME?
Unfortunately no – only the donor or the attorney is able to apply.
I HAVE FURTHER QUESTIONS – WHO CAN I CALL?
Just phone 0300 456 0300 (option 6) or email the OPG on firstname.lastname@example.org
You can read more articles about Pensions, Wealth Management, Retirement, Investments, Financial Planning and Estate Planning on my blog which gets updated every week. If you would like to talk to me about your personal wealth planning and how we can make you stay wealthier for longer then please get in touch by calling 08000 736 273 or email email@example.com