According to the Alzheimer’s Society, one person in the UK develops dementia every three minutes, with Manchester having the most residents in the UK legally unprepared if they fall ill with the disease.

Are you prepared for such an outcome? This shocking statistic means you should consider acting now if you don’t have a Lasting Power of Attorney (LPA). Dementia is just one example, losing mental capacity can also happen suddenly, through for example, a stroke. Hence, handling your financial affairs becomes virtually impossible – which is why everyone should consider their future plans now to ease the potential burden on their relatives.

An LPA is a way of giving someone legal authority to make decisions on behalf of another person if they lack mental capacity at some time in the future, or no longer wish to make decisions for themselves. A person must have mental capacity to set up an LPA.

If you do not have an LPA in place and later become mentally incapacitated, relatives may face long delays and expense in applying to the court of protection to get access and take control of your assets and finances.

LPAs are designed to be recognised by financial institutions, care homes and local authorities, as well as tax, benefits and pension authorities.

There are two types of LPA:Legal Services Brochure

  1. For financial decisions – a property and affairs LPA.
  2. For health and care decisions – a health and welfare LPA.

A person administering a property and financial affairs LPA can make decision on things such as buying and selling your property, paying mortgages, dealing with your bills, arranging property repairs, running your bank accounts and investing your money.

If they have a personal welfare LPA, they can generally make decisions about where you should live, how you should be treated medically, what you should eat and who you should have contact with.

You may choose anyone you trust as your attorney, provided they are over 18, not bankrupt and they are willing to take on the role, which is a serious responsibility.

You can restrict or specify the types of decisions the attorney can make, or you can allow them to make all decisions on your behalf.

It is a fact we are all living longer and in turn as a society we have an aging population that requires care and support on a number of levels. Dementia cases are on the increase and therefore, it is important to face issues head on. Planning now for your own future and encouraging loved ones to do the same, will save a lot of time, money and heartache in the long run.

The moral of the story is, for the sake of your loved ones, have the conversation early, do not leave it until it is too late.

Contact Us

If you are thinking of preparing an LPA or require help with any of your legacy planning needs, then please contact us for a no obligation meeting on 01247 260011 or email or