In general, anyone who is over the age of 18 and has the capacity to manage financial and property affairs can be appointed as a deputy for property and finances. However, it is important to note that being a deputy is a significant responsibility and requires a high level of trust and competence.
Here are some common types of individuals who may be appointed as a deputy for property and finances:
- Family members or close friends: Often, family members or close friends of the person who needs assistance are appointed as deputies. They may have a good understanding of the person’s wishes and preferences and can act in their best interests.
- Professional deputies: If there are no suitable family members or friends, a professional deputy may be appointed. This could be a solicitor, accountant or other professional with experience in managing financial and property affairs.
- Local authorities: In some cases, a local authority may be appointed as a deputy for property and finances, particularly if there are concerns about abuse or neglect.
It is important to note that being a deputy for property and finances is a serious responsibility and requires a high level of trust and competence. Therefore, anyone who is appointed as a deputy should be able to demonstrate that they have the necessary skills and experience to manage the person’s affairs effectively and in their best interests.