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If an individual who is financially competent wishes to have another person manage their finances, what steps can be taken?

A financially competent individual who is unable to manage their finances, for example due to illness or disability, may request the appointment of a financial guardian by the district commissioner for specific assets.

Once a guardian has been appointed over an asset, the individual loses the right to dispose of that asset independently.

Further information regarding the appointment of financial guardians can be found here.

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District Commissioners

Greater Reykjavík

Mon to Thu 8:30 - 15
Fri. 8:30 - 14
Tel: 458-2000

West Iceland

West Fjords Iceland

North West Iceland

North East Iceland

East Iceland

South Iceland

Westman Islands

Sudurnes