What fees will be involved after I am appointed as Deputy?
There will be a few fees payable after you have been appointed as Deputy:
Supervision fees - There will be an annual supervision fee payable to the Office of the Public Guardian. If you require general supervision, the fee will be £320.00 annually. If you only require minimal supervision, you may only have to pay £35.00. The OPG will confirm what fees are payable directly to you, and how to make payment of these.
Bond Fees - if you are appointed as a Deputy for Property and Financial affairs, you may have to pay a security bond for your application to be completed. The Court will write to you to advise you of the amount of the bond required. They will also recommend a bond provider, such as Howdens.
The amount of the bond payable will depend on how much the Court requests. It is usually proportionate to the size of a person’s assets.
You can make payment of this bond yourself, and claim the money back from the person once your application has been successful, or you can use the person’s money to pay it.