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NEWS & INSIGHTS

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Power of Attorney – protect dementia sufferers vulnerable to financial abuse

Important to remember to appoint trustworthy attorneys to manage your financial affairs when you need help later in life. Time and again we see reports of abuse which could have been avoided with a well drafted and considered power of attorney.

MORE than 120,000 dementia sufferers are victims of financial abuse each year, campaigners revealed yesterday. The lack of control they have over their finances as the disease cruelly robs them of their memories means they can also waste thousands of pounds paying the same bills multiple times or by giving money away.