In the event of someone being unable to manage their own finances and affairs, for example due to Dementia or Alzheimer’s disease, someone else may obtain the legal authority to act on their behalf.
There are a number of ways of achieving this, depending on whether the event has been planned for in advance or not. This page deals with the option of planning for this eventuality in advance via a Lasting Power of Attorney. (For information on alternative options please see out pages on Court of Protection and registering an Enduring Power of Attorney.)
The idea behind an LPA is that you can appoint someone of your choosing in advance to manage your affairs in the event that you should lose mental capacity.
The benefits of an LPA include:
There are a number of detailed options and we offer a free initial consultation where we can discuss these options with you. Contact us to arrange a consultation.