If your relative is struggling to manage their financial affairs, they might need someone they can trust to step in and help. To guide you through this sensitive issue, we look at the why, when and how of managing your relative’s finances, from early steps to taking power of attorney.
If you're wondering what kind of help would be best for your relative or friend, our Care advice tool can give you some guidance about housing options, day-to-day living arrangements and how to pay for care.
Use our Care services directory to find care homes and domiciliary care anywhere in the UK. You can also find support groups for people affected by dementia.
In this guide
Your relative might need help with their financial affairs if they have physical disabilities or have an illness such as dementia affecting whether they can make decisions.
Learn how you can help your relative to deal with financial and other organisations, including using third party mandates. We suggest you carry out a ‘mini audit’ to decide how you can help.
What is a Lasting Power of Attorney? How do you set one up and how do you use it?
Here we look at the different types of power of attorney for Northern Ireland and explain how to set them up and how they work.
Here we look at the different types of power of attorney for Scotland and explain how to set them up and how they work.
Sophie’s mother is 87 and has become increasingly forgetful over the last ten years. Sophie began to help run her finances, which includes getting a Lasting Power of Attorney in place.
Read Sophie's story
65, West Midlands
Nigel’s mother had a stroke four years ago and suffers from dementia, which could have caused problems with setting up a Lasting Power of Attorney, had they not planned ahead.
Read Nigel's story