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Managing someone's affairs as a Property Manager

If someone is no longer able to manage their own finances or property, a property manager is appointed. Property managers look after the financial affairs of a person who is deemed mentally incapable. The property manager will usually be a family member, friend, or trustee company. 

There are laws that govern how a property manager must act, and what they can do for the protected person. Read on to find out what your responsibilities are as property manager including a breakdown of the statements you need to make, or call us for advice.

What does the Property Manager need to do?

The property manager is accountable to the Family Court and must provide regular financial statements, according to the Protection of Personal and Property Rights Act 1988. 

There are various documentations that need to be prepared, including:

How is Public Trust involved?

Frequently Asked Questions