| Dear Member
We are entering a critical phase in Ireland’s transition away from the Ward of Court system. As you may be aware, the Assisted Decision‑Making (Capacity) Act 2015 has replaced the old wardship model with a modern decision‑support framework.
The Government has recently confirmed an 18‑month extension to the original April 2026 deadline for discharging all adult wards. This extension is intended to address backlogs and ensure that individuals are not left without appropriate legal arrangements during the transition.
These changes have significant implications for how money, investments, and funds previously held under High Court control will be managed going forward. To support you in advising clients, we have prepared a detailed guide outlining:
- The key legislative changes and new timelines
- How funds will be released from court
- What new decision‑support arrangements mean for financial instructions
- Practical steps to prepare for the transition
We encourage you to review the guide carefully and begin engaging with any clients who may be affected.
If you have any questions or would like to discuss specific cases, please contact us at compliance@brokersireland.ie.
Kind Regards |
