Many people are not aware of the implications of selling properties owned by persons who have become mentally incapable of managing their financial affairs.
When it becomes apparent that a friend or relative is (or is becoming) mentally incapable of managing their property and affairs, urgent steps need to be taken to obtain legal advice in order to protect their future financial security and avoid delays.
The first step is to consider whether they are capable of making a Lasting Power of Attorney by appointing an Attorney or Attorneys to manage their affairs. If they lack this capacity, a Court of Protection application needs to be made, sooner rather than later. These applications may take 3-6 months which can significantly delay the sale of a property and risk losing a potential purchaser.
Langleys' Court of Protection specialists can advise on all aspects of these issues including Lasting Powers of Attorneys and Court of Protection applications.
We also have professional Deputies, with significant experience in managing financial affairs for persons who lack capacity to do so. This includes managing substantial awards of compensation for a wide range of clients including those with brain injuries, dementia, cerebral palsy and learning disabilities.