Our Private Client team has extensive experience advising on receivership matters and making applications to the Supreme Court of Bermuda for the appointment of a Receiver under the Mental Health Act 1968.
A receivership application is required where an individual (the “Patient”) has lost legal capacity and does not have a valid Enduring Power of Attorney in place. In these circumstances, the Court may appoint a Receiver, typically a trusted friend or family member, to take responsibility for managing the Patient’s property and financial affairs.
We understand that receivership matters often arise at difficult and emotionally challenging times. Our attorneys provide expert, efficient and compassionate guidance throughout the application process and continue to support Receivers long after their appointment.
Our involvement does not end with the Court appointment. We can provide ongoing assistance to Receivers, including support with annual accounts, further Court applications and bestpractice guidance throughout the receivership. Our aim is to ensure that Receivers feel confident, supported and fully informed in carrying out their role, while safeguarding the dignity, welfare and interests of the Patient.
