More than half of people in the UK fear dementia, yet less than one in five (17 per cent) of us aged over 45 has a power of attorney in place. And 55 per cent of people 45-plus hasn’t even considered setting one up, says later-life provider, Golden Charter which is urging us to plan for our future as part of Dementia Awareness Week (15-21 May).
Putting a Power of Attorney in place is easier that most people think
Alzheimer’s and dementia will affect many people in the UK this year with The Alzheimer’s Society saying 225,000 people will develop dementia this year – that's one person every three minutes.
With a Power of Attorney people can appoint someone to take decisions or make actions on their behalf, should they become unable to do so. As a Power of Attorney is a legal document, having one in place protects loved ones from undue distress in the future. Without a Power of Attorney it can be very complicated and stressful for spouses or other family members to legally make decisions on an individual's behalf.
Ronnie Wayte of Golden Charter, says: "Our advice is plan early and get a Power of Attorney in place while you’re still mentally fit. Being diagnosed with dementia is increasingly common in the UK and there’s plenty of support available should you need it. We'd urge people to take the legal side of things seriously and get it sorted early – putting a Power of Attorney in place is surprisingly easier than most people think."
- Anyone interested in finding our more about Power of Attorney can call Yours Retirement Services free on 0808 156 9012 and one of our specialists will be more than happy to help. Our office hours are Monday – Thursday, 9am – 7pm, Friday, 9am – 5:30pm and Saturday 9am – 1pm. Or you can find out more here.