Financial and Legal Planning
Financial and Legal Planning
If a person has dementia, it is important that they organise their financial and legal affairs while they are still able to do so. This ensures that in the future, their affairs will be set up in a way that they have chosen. Things to think about include: details of your bank accounts, tax, benefits and pension, as well as mortgage or rent documents, insurance policies and your will.
We have provided some information here from Citizens Advice Bureau to help you manage your affairs or arrange for someone to do that for you either now or in the future. A person can be given specific duties or have permission to make a range of decisions. Click here for more information: Citizens Advice Scotland – Managing affairs for someone else
Arranging Power of Attorney and a will are both important and ensure your wishes are acted upon. Citizens Advice also offer advice on what to do after a death. Visit their website here: Citizens Advice Scotland – What to do after a death