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Court of Protection query - bond for £16k??

My OH's daughter is applying to the court of protection to be the guardian (?) for her grandmother who has dementia. The nan's husband has just died and she now has no protector.

In the process of applying, she has had a letter now from the solicitor asking for a signature from OH's daughter and a premium of £80 which is an up front payment for a bond of £16k held with an assureties or sureties firm, Marsh something or other. This appears to be the firm of choice of the court of protection.

Does anyone know what all this means? It was hard getting the right information as its over the phone and she is not sure about some of the terminology. She is also very confused about the whole thing and we (OH and I) are not sure she understands what she is committing to as a guardian.

Any ideas?

Comments

  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    puddy wrote: »
    My OH's daughter is applying to the court of protection to be the guardian (?) for her grandmother who has dementia. The nan's husband has just died and she now has no protector.

    In the process of applying, she has had a letter now from the solicitor asking for a signature from OH's daughter and a premium of £80 which is an up front payment for a bond of £16k held with an assureties or sureties firm, Marsh something or other. This appears to be the firm of choice of the court of protection.

    Does anyone know what all this means? It was hard getting the right information as its over the phone and she is not sure about some of the terminology. She is also very confused about the whole thing and we (OH and I) are not sure she understands what she is committing to as a guardian.

    Any ideas?
    Whose solicitor is asking? And who is the 'she' above? Is this someone different from OH's daughter?

    This is all sounding a bit garbled - I think something was lost in telling you. Perhaps it would be good if OH's daughter asked for the request in writing?
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • puddy
    puddy Posts: 12,709 Forumite
    yes, the OH's daughter (who is the applicant) has had the letter from the solictior who is dealing with the application to the court (for the daughter to be the deputy - is that the right term)
  • anmarj
    anmarj Posts: 1,826 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    from what I can understand, it is like an insurance taken out by the person wanting to act in case they did anything dodgy with the money, it has to be taken out by the person applying for poa/cop

    http://www.justice.gov.uk/consultations/docs/cp2306easy-read-consultation.pdf - seems to be a good guide to read and appears to mention about the security bond.


    http://www.lawsociety.org.uk/choosingandusing/commonlegalproblems/elderly.page

    the above link gives a bit of a baisc guide to the various appointee/power of attorney/court deputy


    basically OH daughter is applying become the nan's guardian of her money/welfare and that she acts in everyway in her nan's interest and makes all the decisions on her nan's behalf.
  • DVardysShadow
    DVardysShadow Posts: 18,949 Forumite
    anmarj wrote: »
    from what I can understand, it is like an insurance taken out by the person wanting to act in case they did anything dodgy with the money, it has to be taken out by the person applying for poa/cop

    http://www.justice.gov.uk/consultations/docs/cp2306easy-read-consultation.pdf - seems to be a good guide to read and appears to mention about the security bond.


    http://www.lawsociety.org.uk/choosingandusing/commonlegalproblems/elderly.page

    the above link gives a bit of a baisc guide to the various appointee/power of attorney/court deputy


    basically OH daughter is applying become the nan's guardian of her money/welfare and that she acts in everyway in her nan's interest and makes all the decisions on her nan's behalf.
    Quoted links made clickable
    Hi, we’ve had to remove your signature. If you’re not sure why please read the forum rules or email the forum team if you’re still unsure - MSE ForumTeam
  • katsclaws
    katsclaws Posts: 399 Forumite
    Part of the Furniture 100 Posts
    Hello Puddy, Perhaps you could contact the Alzheimer's Society or post this question on the Alzheimer's Forum. It is called Talking Point.
  • puddy
    puddy Posts: 12,709 Forumite
    katsclaws wrote: »
    Hello Puddy, Perhaps you could contact the Alzheimer's Society or post this question on the Alzheimer's Forum. It is called Talking Point.

    thanks, i will put her in touch with these
  • This is a standard requirement to insure against misuse, etc. We have just had to pay it before one gets the Deputyship order. It is for one year.

    Thanks for your time.
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