Managing Someone Else's Money
The Mental Capacity Act
The Act protects people aged 16 and over who are unable to make certain decisions for themselves.
This may be due to them having :
- learning disabilities
- mental health needs
- an illness, for example dementia.
The Act allows them to choose someone to manage their finances and property if they cannot do it themselves.
This person is then called an Attorney and the arrangement is called a Lasting Power of Attorney (LPA).
Page last updated: 01/10/2019