Scots have been urged to consider making a Power of Attorney as a result of rising dementia rates. According to Alzheimer Scotland, an estimated 90,000 people have dementia in Scotland and this number has been steadily increasing year on year. Together with Scotland's ageing population, these statistics highlight the need for planning for the future and ensuring that your personal affairs will be dealt with should you lose capacity or are otherwise unable to manage them yourself.
Why do you need a Power of Attorney?
A Power of Attorney allows you to appoint an Attorney(s) to act and make decisions on your behalf with regards to your welfare and/or financial matters. This could include dealing with your GP and your banking and bills as an example, where you are unable to do so. Your chosen Attorney should be someone you trust and that you feel will be able to make decisions on your behalf.
If a Power of Attorney has not been put in place in advance, no one has an automatic authority to make decisions about your financial and welfare matters if you lose the ability to make these decisions for yourself. In this case a Guardian may need to be appointed and this involves a court process which can be time consuming and expensive.
A Power of Attorney is a relatively straightforward process and can be implemented fairly quickly. It can be prepared in advance and be available for use as and when it is needed. You can find out more about Power of Attorneys here.
Get in touch
If you would like to discuss a Power of Attorney, or to make an appointment with one of our experienced team, please contact our team.