Libby Holding: Three important considerations in assessing mental capacity

'Document your conversations'

clock • 4 min read

In the UK around one person develops dementia every three minutes, writes Libby Holding, and so mental capacity is a growing area of interest among those operating in the will-writing and estate management market

The increasing importance of mental capacity is not only a result of the population living longer. It is also a combination of the numbers of people suffering from dementia and related conditions increasing, as well as a growing awareness of the issues that arise when people lose mental capacity without proper planning in place. According to the Alzheimer's Society, it is now estimated that one person develops dementia every three minutes in the UK, so the concerns around mental capacity look likely to only increase. And it is not only Alzheimer's - mental capacity could arise as a re...

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 Your profession

'No major shift' in adviser platform priorities despite Consumer Duty

'No major shift' in adviser platform priorities despite Consumer Duty

Research finds regulation has ‘reinforced’ not changed behaviour

Sahar Nazir
clock 28 May 2025 • 2 min read
Gen Z consider advisers 'most important source' despite finfluencer popularity

Gen Z consider advisers 'most important source' despite finfluencer popularity

71% of them now turning to social media and finfluencers

Sahar Nazir
clock 28 May 2025 • 2 min read
Female clients steer towards equities as the non-advised stick to cash

Female clients steer towards equities as the non-advised stick to cash

Advice improves willingness to take risk, M&G finds

Isabel Baxter
clock 28 May 2025 • 2 min read