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Managing the Affairs of Elderly or Vulnerable Relatives
Families with elderly or vulnerable relatives will often need to assist with or sometimes even take control of that relative’s property and financial affairs.
The easiest way to organise this is for Lasting Powers of Attorney to be made by the person who may need help. This has to be done whilst they still have mental capacity. We often see clients with an elderly relative who is already suffering from dementia to such an extent that they are no longer able to make a Lasting Power of Attorney, yet have financial assets that need to be managed.
It is still possible to resolve the situation with an application to the Court of Protection for an appropriate person to be appointed as a Deputy, to manage property and financial affairs.
If you have an elderly relative who does not have such assets, but is in receipt of any means tested benefits, i.e. State Pension, Attendance Allowance, etc, then an application can be made to the Court of Protection to apply for the right to deal with the benefits of said relative – this is known as an Appointeeship.
Here at Johnson Astills, we can provide our clients with legal advice to help ensure that your relatives financial affairs are managed by someone they trust. Whether this is through the preparation of Lasting Powers of Attorney and applications to the Court of Protection for Deputyship Orders and Appointees, please feel free to call our expert solicitors at Johnson Astills who would be pleased to assist you with this. You can call us at our office in Leicester or our office in Loughborough. Alternatively, you may prefer to email us at legal@johnsonastills.com or fill in our enquiry form.