A sudden stroke or accident can result in someone suddenly and unexpectedly losing their mental capacity. Anyone can be affected in this way, and at any time, not just the elderly.

Arranging the administration of someone’s finances in such circumstances can be a difficult and lengthy process, and includes dealing with the court of protection in the appointment of a receiver.

However, since 1985 it has been possible to create an Enduring Power of Attorney before such a situation arises.

The Power allows you, rather than the court, to choose an attorney or attorneys who will be able to administer your financial affairs if you do lose mental capacity for some reason.