Lys Chadwick LL.B. (Hons)
0113 320 5000
wills@winstonsolicitors.co.uk
If a person has not made a Lasting Power of Attorney (or an Enduring Power of Attorney before 1 October 2007) and that person becomes mentally incapable of managing his financial affairs, something may have to be done.
The Court of Protection has intervention powers for the protection of the vulnerable by the appointment of someone to act in their best interests as a "Deputy".
Like the old Receivership regime, this is a far longer and more costly process than having an LPA in place. Whoever is appointed Deputy has to comply with extensive reporting obligations to the Court on an ongoing basis.
The Deputy's powers are similar to a Receiver / Attorney although a Deputy will only very rarely be able to act in relation to a person's personal welfare.
The importance of having an LPA should not be underestimated as it allows you to retain a considerable degree of control over the decisions that will affect your life should you lose mental capacity or simply be unable to manage your own affairs.
The alternative may be a costly, lengthy Deputyship application to the Court of Protection.
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Speak to our LPA team, in confidence on 0113 320 5000.
Or if you are calling from outside the area, use lo-call 0845 890 2277.
Or email us directly on: wills@winstonsolicitors.co.uk
We offer a wide range of additional legal services including help with Employment related issues. Speak to one of our employment solicitors today.
Winston Solicitors LLP 112 Street Lane
Leeds West Yorkshire LS8 2AL
Tel: 0113 320 5000 Fax: 0113 320 6000
