What happens to a person's finances when they become mentally incapable of dealing with them either through illness, accident or old age? How are their finances safeguarded and who can access them?

If someone has been appointed as your attorney under a Lasting Power of Attorney, the document will require registration at the Court of Protection before the same can be used, regardless of the mental capacity of the donor of the LPA.

Alternatively, if someone has already been appointed as your attorney under an Enduring Power of Attorney that document must be registered at the first sign of mental incapacity with the Court of Protection in order to protect your finances. Our experienced team of solicitors can advise and assist you in complying with all the necessary formalities.

In the absence of an appointed attorney, access can only be obtained to another's finances if someone is appointed as a Deputy. This involves an application to the Court of Protection. At Chancellors Lea Brewer Solicitors we can assist a prospective Deputy with the application and with the administration of the Deputyship. Our team members are also experienced in acting as Deputy in the absence of any suitable candidate.

For further information please contact:

Martin Lea, Alison Kemsley or Tara Pitts on 0208 303 0077 or

MLea@chancellors.com
AKemsley@chancellors.com
TPitts@chancellors.com