What is a Deputyship?
If someone no longer has the capacity to appoint an Attorney, there is an alternative. A family member or other interested person could apply to the Office of the Public Guardian for a Deputyship Order, appointing them as a Deputy and allowing them to sign on behalf of the incapacitated person.
We can assist you with the application. It is however always better for someone who is able to make an LPA appointing their own choice of Attorney.
A Deputyship Order requires a Court Fee payable of £400.00. There will also be further costs such as an annual insurance premium which varies depending on the assets involved. The costs involved in setting up a Deputyship are therefore much higher than those to prepare an LPA.
Please be aware that the above is a simple summarised explanation of Deputyships based upon the law as at April 2016 and is subject to change. For specific advice in relation to your individual circumstances please contact a member of the team below.