Managing Someone Else's Money

The Mental Capacity Act

  • The Mental Capacity Act aims to protect people aged 16 and over who are unable to make certain decisions for themselves, perhaps due to learning disabilities, mental health needs or because of an illness, for example dementia.
  • The Mental Capacity Act allows them to choose someone to manage their finances and property if they cannot do this for themselves.
  • This person is then called an Attorney and the arrangement is called a Lasting Power of Attorney (LPA).

Page last updated: 04/01/2017