As the population ages, Alzheimer’s is becoming a real problem for more and more people and their loved ones. Alzheimer’s is one of the causes of Dementia which affects how your brain works. One person in the UK develops Dementia every three minutes. However, people living with the disease can still retain their mental capacity for some time after diagnosis, but no one can accurately estimate the time when a person living with Alzheimer’s will no longer have mental capacity to make their own decisions. Thinking and talking about what would happen if Alzheimer’s is diagnosed is uncomfortable. However, it’s important to consider how much worse the situation would be if you had a sudden stroke or serious accident.
From a legal perspective, it is important to get your affairs in order irrespective of the circumstances.
It is important to consider who will make your decisions for you when you lose mental capacity and whether Lasting Powers of Attorney will assist. There are two types of LPA, one covering health and welfare and the other covering property and financial affairs. You can make an LPA for one or both areas depending on your needs.
If you do not get around to putting a Lasting Power of Attorney in place and mental capacity is lost, then the alternative is for an application to be made to the Court of Protection for a Deputyship Order so that a family member, friend or even a solicitor can be appointed to manage your affairs under the Super-vision of the Court. However, this can be a long and costly process. A Will should also be a priority so that your assets can be left to people whom you choose when you die.
At Graham Evans and Partners, we regularly advise our clients on Wills, Lasting Powers of Attorney as well as help with applications to the Court of Protection for Deputyship Orders.
Rhian’s expertise includes:-
Wills Inheritance Tax Planning Life Interest Trusts Lasting Power of Attorney Registration of Enduring
Powers of Attorney Court of Protection Applications Personal Injury Trusts Administration of Estates
Rhian understands the needs and concerns of her clients and their families. She deals with a broad range of work including Wills, Trusts and administration of estates. In addition, she advises clients about powers of attorney and Court of Protection issues plus assists elderly and disabled clients with disabled person’s trusts and protection of assets.