If someone close to you loses mental capacity and has not made a Power of Attorney then an application will need to be made to the Court of Protection for the appointment of a Deputy.
The role of the Deputy is to manage the finances of someone who has lost mental capacity.
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An application to the Court of Protection is needed if no valid Power of Attorney is in place. Even where a Power of Attorney is in place, an application to the Court of Protection will be needed for any tax planning for an individual who has lost mental capacity.