Private Client Services

Enduring powers of attorney,Court of Protection work and management of affairs of the elderly and mentally incapable.

If, for some reason, such as an accident, illness or old age, a person is no longer able to manage their own financial affairs, this can create enormous problems for both the individual and relatives/close friends.

It is possible to put arrangements in place for someone to manage your financial affairs if you become unable to do so personally, with the use of an enduring power of attorney in favour of an appointed representative(s).

You can also make an enduring power of attorney for future use, even though you can still manage your own affairs now. This may be the case on moving into residential care.

If this step is not taken and you become incapable of dealing with your affairs, your relatives will need to make an application
to the Court of Protection for a receiver to be appointed.

This is an expensive and lengthy procedure and wherever appropriate an enduring power of attorney should be signed, which negates the need for such an application.