People having discussion

Financial abuse issues for attorneys and deputies

Join us in our next webinar that will delve into financial abuse. The session will unpack the statutory definition of financial abuse and the practical steps to recognize its subtle, yet damaging, presence in the lives of vulnerable individuals.

Training details

In this joint session with Partners from Wedlake Bell, Ann Stanyer, and Victoria Mahon,will explore who typically falls victim to financial abuse and the profiles of potential perpetrators, casting a light on the scenarios that may go unnoticed. Our expert speakers will unravel the complex web of fiduciary duties shouldered by attorneys and deputies, examining where the line is drawn between responsibility and misuse of power.

Hear cautionary tales that illustrate the consequences of abuse by those in positions of trust. We'll also highlight specific issues that demand our vigilance to ensure such transgressions are caught and dealt with swiftly.

As safeguarding our clients' assets and well-being is paramount, we will provide you with preventive measures to combat financial abuse. Learn about the critical interplay between safeguarding alerts, GDPR, consents, and acting in the best interests of those we serve.

This session will cover:

  • What is financial abuse? – the statutory definition
  • How can we recognise it in practice?
  • Who are the likely victims and the perpetrators?
  • Fiduciary responsibilities of attorneys and deputies
  • Abuse by attorneys and deputies
  • Cautionary tales
  • Particular issues to be aware of
  • Preventive measures
  • Safeguarding alerts/GDPR/Consents/Best interests

Training facilitators

/>

Ann Stanyer

Presenter Wedlake Bell

Partner at Wedlake Bell. Ann acts as attorney, deputy, and trustee for clients. Frequent contributor on financial abuse and powers of attorney issues including to professional publications and  BBC radio and ITV programmes.

/>

Victoria Mahon

Presenter Wedlake Bell

Partner at Wedlake Bell. Victoria has a wide private client practice including expertise in Court of Protection applications, mental capacity issues, powers of attorney and protection of assets for vulnerable beneficiaries, as well as all matters relating to the formation and administration of charities.

Watch here

Knowledge Hub is a trading style of Frenkel Topping Group PLC which is registered in England and Wales no: 04726826
Registered Office Address: Frenkel House, 15 Carolina Way, Salford, M50 2ZY
contactus@frenkeltopping.co.uk

.