Inheritance tax is complicated and there are all sorts of exemptions and allowances. So when tax planning you should always take specific advice from a solicitor or accountant. In simplest terms if you have property and assets, including a house or...
Our probate team is frequently instructed to act on Court of Protection matters. As solicitors we can be appointed as professional deputies or we can advise the person likely to look after the mentally incapacitated person's affairs, finances and all aspects of Court of Protection.
A deputy is a court appointed person appointed by the Court of Protection to manage the personal welfare or the property and affairs of another person who lacks the mental capacity to manage these for themselves. A deputy can only act under a court order from the Court of Protection. Where there is no one else who can be appointed as a deputy Stephensons Trust Corporation Limited can act as a professional deputy for persons who lack capacity.
The Court of Protection's primary role is to protect those who cannot manage their own decisions and finances in their best interest. Additionally it seeks to regulate those that are appointed to look after a vulnerable person's finances.
We have been carrying out Court of Protection work on behalf of vulnerable people and appointed individuals for over 30 years. We are also regularly appointed by local authorities which is testament to our skills in this field.