Robert Gout: LPAs 'essential' for Alzheimer's clients

September is World Alzheimer’s Month

clock • 4 min read

Robert Gout looks at Alzheimer's disease in relation to financial planning and highlights why setting up lasting power of attorney can be highly beneficial for clients

Alzheimer's disease is a physical disease affecting the brain and is the most common cause of dementia. In its early stages, it can cause day-to-day memory loss but can progress to cause more severe problems with memory, communication, reasoning and orientation to the point where the sufferer requires continued care as they become far less aware of their surroundings. More than half a million people in the UK now suffer with Alzheimer's disease; it mainly affects those over 65 and the risk of developing the disease increases with age.  One in six people over 80 have dementia according...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Estate planning

The role of advisers in implementing clients' testamentary wishes

The role of advisers in implementing clients' testamentary wishes

How to avoid challenges to a will after a client death

Elizabeth Sainsbury and Carmen Barragan-Lopez
clock 15 January 2024 • 4 min read
Part of the plan: LPAs are the missing piece of the advice jigsaw

Part of the plan: LPAs are the missing piece of the advice jigsaw

Legislation aims to improve lasting power of attorney system

Justin Rourke
clock 23 November 2023 • 2 min read
Quarter of advisers leave clients to start estate planning conversations

Quarter of advisers leave clients to start estate planning conversations

The difficulty of discussing death with clients is a barrier

Isabel Baxter
clock 07 November 2023 • 1 min read