What happens if my mother refuses to set up a lasting power of attorney?

A reader of the Financial Times is worried about her elderly mother who is sadly experiencing diminishing mental capacity as the years go on. She does not have a lasting power of attorney (LPA) and asks what the consequences would be if her mother loses mental capacity without having an agreement.

Emily Taylor, Partner in our private wealth team, answers the reader’s question in the Financial Times.

The full article is available to subscribers, here.