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Elder Care Crisis Looms as Dementia Risk Ignored

Published on Oct 26, 2018

A report published recently by Solicitors for the Elderly (SFE) makes worrying reading as it highlights the growing gap between the number of people expected to develop dementia and the number who have created a lasting power of attorney (LPA).   An LPA can be used to give another person the ability to administer your affairs should you lose that capacity and can be set up to allow management of both financial and health and welfare issues.    In practice, when there is no LPA the results can be a mess. Dementia is a progressive disorder and it is usual for the erratic behaviour to start gradually and worsen. Much damage can occur before the family seize the nettle. With an LPA, the whole process can be dealt with in a much more orderly fashion.   According to SFE, there are more than 12 million British residents at 'high risk' of developing future incapacity. However, fewer than one million people have made a health and welfare LPA.  All adults should consider making an LPA appointing one or more attorneys so that their affairs can be managed by a responsible person and their care needs met. Failing to do so can cause a great deal of stress for their family.

For advice on all matters relating to elder care and estate planning, contact us.

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