Enduring power of attorney, lasting powers of attorney and receivership
The Alzheimer's Society is the UK's leading care and research charity for people with dementia, their families and carers. They produce information and advice sheets to support those affected by dementia. This information sheet discusses options in the event of loss of mental capacity due to dementia. This may mean that someone else will need to manage legal, financial and health affairs of the person with dementia.
Currently, it is possible to make an ‘enduring power of attorney’, which means the person with dementia will chose a person to manage their finances for them, or someone can apply for ‘receivership’ on their behalf. In 2007, it will be possible to make a ‘lasting power of attorney’. This will enable the person with dementia to choose a person to make decisions regarding their health and welfare, as well as their finances.