Property and Financial Affairs Assessment

Property and Financial Affairs Assessment 

The capacity to manage property and financial affairs assessment covers a broad range of topics such as savings, income, outgoings, bank accounts, budgeting and property values. The aim is to accurately assess and protect vulnerable clients, while also ensuring that our clients have the capacity to make important decisions. 

Our assessments include one home visit to the client, either a full report or a summary report, preparation, travel and reading time. If the client lacks capacity, a CoP3 form can be completed instead. 

What Information is Required? 

As with any mental capacity assessment, we need to request information in order to conduct the assessment. We request the client’s income, savings accounts, pensions, and any property they own, including any investments and outgoings. This information is kept strictly confidential and used in the assessment to construct the questions asked and verify the answers given. They are also used to provide information to the client during the assessment if they are unsure of any details.

What Happens During the Assessment?

The assessment will be very discursive and will take place in the comfort of the client’s home. Property and financial assessments cover a range of areas, including savings, bank accounts and property ownership. The practical side of finance is also discussed, which includes paying bills, budgeting and using bank accounts. 

These assessments are necessary to protect vulnerable clients, as they ensure that they have the capacity to make important and complex decisions. Our clients are heard in a safe and independent environment, with no duress. 

Understanding the Case Law

Property and financial affairs assessments fall under the Mental Capacity Act (2005). The defining aim of this act is to protect those that may lack the capacity to make their own decisions. This can cover various things, from day-to-day activities to life-changing events. In this case, it covers the capacity to manage property and finances, which are incredibly important decisions. As a whole, the act empowers individuals and allows them to plan for the future.

Arrange an Assessment

We’re happy to discuss a property and financial affairs assessment in detail. You’ll receive a copy of our bespoke referral form, which we’ll happily talk through. Please contact us on 0333 577 7020 to speak to our team.

Property and Financial Affairs Assessment

The capacity to manage property and financial affairs assessment covers a broad range of topics such as savings, income, outgoings, bank accounts, budgeting and property values. The aim is to accurately assess and protect vulnerable clients, while also ensuring that our clients have the capacity to make important decisions. 

Our assessments include one home visit to the client, either a full report or a summary report, preparation, travel and reading time. If the client lacks capacity, a CoP3 form can be completed instead.

What Information is Required? 

As with any mental capacity assessment, we need to request information in order to conduct the assessment. We request the client’s income, savings accounts, pensions, and any property they own, including any investments and outgoings. This information is kept strictly confidential and used in the assessment to construct the questions asked and verify the answers given. It’s also used to provide information to the client during the assessment if they are unsure of any details.

What Happens During the Assessment?

The assessment is very discursive and will take place in the comfort of the client’s home. Property and financial assessments cover a range of areas, including savings, bank accounts and property ownership. The practical side of finance is also discussed, which includes paying bills, budgeting and using bank accounts. These assessments are necessary to protect vulnerable clients, as they ensure that they have the capacity to make important and complex decisions. Our clients are heard in a safe and independent environment, with no duress.

Understanding the Case Law

Property and financial affairs assessments fall under the Mental Capacity Act (2005). The defining aim of this act is to protect those that may lack the capacity to make their own decisions. This can cover various things, from day-to-day activities to life-changing events. In this case, it covers the capacity to manage property and finances, which are incredibly important decisions. As a whole, the act empowers individuals and allows them to plan for the future.

About Us

  • Experts in a highly complex field.
  • Work closely with barristers and solicitors.
  • Able to complete assessments quickly and efficiently, without affecting the quality.
  • Fixed costs, with no hidden fees.
Several multicoloured cogs in the shape of a brain
Several multicoloured cogs in the shape of a brain

What’s Included

  • An in-person visit to a chosen location.
  • Travel costs
  • Reading time
  • An assessment writeup. (As a report or as court documentation.)
  • A thorough quality-check process.

Arrange an Assessment

We’re happy to discuss the property and financial affairs assessment in detail. You’ll receive a copy of our bespoke referral form, which we’ll happily talk through. Please contact us on 0333 577 7020 to speak to our team. You can also click the button below for more information.