This week is “Dementia Awareness Week” (4th July – 10th July).
Dementia is a term used to describe various brain disorders that have in common a loss of brain function that is usually progressive and eventually severe.
There are about 750,000 people in the UK with Dementia. So there is every likelihood that each of us knows someone who has it.
With the loss of brain function may come the loss of the person’s ability to manage their financial affairs. This is when Lasting Powers of Attorney (“LPA”) can be of great assistance because it enable the person to appoint an Attorney (of his/her own choice) to manage their financial affairs, pay bills etc for that person.
If however, the person does not have a Lasting Powers of Attorney and it is now too late for them to have one, because they are no longer able to manage their affairs and so not understand what a LPA is, then an application can be made to the Court of Protection for someone to be appointed as a “deputy” to manage that person’s affairs.
If you would like further information about Lasting Powers of Attorney and/or the Court of Protection please contact:-
Elizabeth Power
Paris Smith LLP
Number 1 London Road
Southampton
SO15 2AE
Telephone: 023 80482 206
Email: elizabeth.power@parissmith.co.uk