Watt v ABC [2016] EWHC 2532 (COP)

Wills & Trusts Law Reports | Summer 2017 #168

ABC was awarded £1.5m in settlement of personal injury proceedings in the QBD. ABC executed a revocable personal injury settlement in January 2015 to receive interim payments of damages and to preserve his entitlement to state funded care. In June 2015 the applicant was appointed by the Court of Protection to be ABC’s deputy, on the basis that he lacked capacity to manage his property and affairs. There were difficulties and issues relating to the extent of ABC’s capacity which had arisen in the context of the QBD proceedings, but had not been resolved. The deputy made an app...

Risk: Watch out for the small print

Peter Nellist has words of caution for practitioners seeking investment advice for clients ‘There is usually a choice between the two forms of investment management. Forty years ago a solicitor nearly always had an informal advisory portfolio management agreement in place with the client’s stockbroker.’Professor John Kay said in the Financial Times on 9 January …
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