The statistics are quite alarming and need to be heeded. One person in the UK develops dementia in the UK every three minutes! This is important to recognise and the implications for families, especially those in business, need to be heeded too!
Directors in family businesses are not exempt dementia and each and every family in business needs to have plans in place to ensure that the business is protected, can continue to function, and that decisions can be made too.
A good, practical insight into Powers of Attorney.
One person in the UK develops dementia every three minutes. Yet don't assume relatives can just walk into a bank and access your money, even if it is to pay for your care. Unless you've a Power of Attorney already, loved ones need to apply through court, which can be long and costly. This guide shows you how to sort it in advance.