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Managing property and finances for someone who lacks capacity can be complex and emotionally challenging. Ensuring their best interests are protected while navigating legal and financial responsibilities requires a clear understanding of the relevant processes and frameworks.
When an individual is unable to make decisions due to mental incapacity, such as through illness, injury, or age-related conditions, it may be necessary to appoint someone to act on their behalf. This is typically done through a Lasting Power of Attorney (LPA) for property and financial affairs, enabling a trusted individual to manage assets, pay bills, and make financial decisions. If no LPA is in place, an application for a deputyship through the Court of Protection may be required.
Planning for future care is also crucial, as care costs can be significant. This includes understanding funding options, such as local authority assessments, personal contributions, and potential entitlement to benefits. Specialist legal advice can help ensure assets are managed effectively to provide for care needs without unnecessary financial strain.
At such a sensitive time, having expert guidance ensures decisions comply with legal requirements while prioritising the individual’s welfare. Professional support offers peace of mind, ensuring property and finances are handled with care, compassion, and precision.
Testimonials
Sending you some much deserved appreciation for your service in dealing with the estate of Mr Pratt on our behalf.
Knowing that Lydia was behind through this whole experience gave me the courage and confidence needed to get through the process. Her knowledge and understanding of family law got me the best possible outcome.
My will was all done remotely by phone, notes, letters due to the distance involved – about 145 miles, general health and Covid restrictions.
More recently I had a serious illness with loss of driving license and other lasting problems but I have been very lucky with the outcome. What seemed difficult was much easier with the help I was given. Excellent service. Solicitor Alex Jenkins and secretary Enya Garrett have been friendly, considerate, shown knowledge in an understanding way throughout preparing my will – and I have never met them.
Wollens is highly recommended.
Mine was a very lengthy and complicated case involving deputy ship for my Father’s financial affairs, and Probate following my Father’s death. Costs were high, as they always are with solicitors, but the service by Alex Jenkins and Edward Lee of Wollens, who dealt with my Father’s affairs, was very personal and much needed at a very traumatic time.
Craig and Shirley at Wollen’s have supported us throughout a particularly tricky matter, where usual routes of communication were not possible. The advice that we were given was always very clear and concise and we found Wollen’s very responsive to any queries or concerns. They were conscious of the weighty emotional element involved but very mindful of removing the emotion from decision making processes, which made it easier to see the bigger picture. I would certainly recommend to friends or colleagues requiring legal support.
I had a shareholder dispute with a partner. Simon has provided very valuable advice, while having a broad professional outlook on my case. He understood the core of the case swiftly and sharply. Besides being an in-depth professional, Simon Bean has enriched the value of advice by his empathic approach and pointing out key to-do’s for future endeavours. His letter of advice tackled the matter with depth, providing an exhaustive approach. An another point for which I am grateful, was his advice asto a person that is still on the steep curve of getting familiarised with many aspects of advising. I would definitely recommend him for his legal knowledge, for his communication throughout, and equally important, for his empathy and sharp overlook on situations.
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