This is a really tricky topic.
At some point in our lives we will most likely all have a loved one who is either facing early onset dementia or may be feeling that have reached an age whereby they just can't manage their own affairs any longer. This could be due to ill health, mental health issues or an injury or disability.
Take a look at the following video which outlines the reasons why you might need a Lasting Power of Attorney.
We found this really useful and it explains everything in the most simple terms.
With the increase in early onset dementia cases, making a Lasting Power of Attorney whilst the person still has mental capacity to sign over the authority is essential. Once mental capacity has been lost then the Court of Protection has to be involved which is an extremely lengthy and costly affair.
We hope you have found this broadcast useful, and should you have any questions or would like further information then give us a call on 0333 240 0851