Seeing what will happen in our future is not something many of us are able to do. Knowing if we are going to need help with day to day tasks or finances is not something we like to think about or plan for.
But in preparing a Lasting Power of Attorney we are not setting up for the inevitable, but simply assuring ourselves that if we cannot cope on our own, at any stage in the future, that we have appointed someone who can help with our finances or deal with our health and welfare decisions if we no longer can.
Few of us want to think that we might lose our mental capacity or how we would cope with our financial affairs if we did. Yet, given the statistics – there are around 850,000 people with dementia in the UK, of whom 40,000 are under 65, with this number forecast to exceed one million by 2025, according to the Alzheimer’s Society – it is worth considering, especially as there is a way to plan ahead and ease the potential burden on your relatives should it happen to you.