The LPA we prepare for you will contain a mandatory charging clause.
If you would like to appoint the partners as your professional attorneys, we will be happy to discuss this option with you.  We will advise you as to how this arrangement will work in practice and our likely fees.  Your matter would be managed on behalf of the partners by a specialist lawyer.
Our fees will be based on your circumstances and will be based on the amount of time spent.  Our standard hourly charge rate will apply.  Generally, we advise that the value of your net estate should be at least £500,000 to make it financially viable for you to afford the services of professional attorneys.  From experience, we have found that for simple matters, the approximate annual costs of assisting with the management of property and finances are £6,000 plus VAT.
If you are considering this option, you may wish to include additional requirements or preferences in your LPA e.g. to provide copies of our invoices and accounts to a third party or to consult with a third party for important financial decisions such as selling your home.  These stipulations must be workable and they may incur further costs due to the time that it will take us to consult and correspond with the third party.
We will provide your attorneys with updates of our estimated fees for acting for you and we raise regular invoices.  This information is shared with you, if you have mental capacity or can be shared with the executors or beneficiaries under the terms of your will or the nominated third party, if you lack mental capacity.