A report by the UN Population Fund has said the number of people aged over 60 worldwide is growing faster than any other age group. It is expected to exceed one billion in the next 10 years and reach two billion by 2050.
In the UK there are 10 million over 60’s with this figure projected to reach nearly 16 million by 2035.
The world needs to do more to prepare for the impact of a rapidly ageing population, the UN has warned. One of the ways you can prepare yourself for what may lay ahead is to consider making a Lasting Power of Attorney (LPA) health and welfare. The benefits of this document whilst not so widely known as those of the Property and Financial Affairs Lasting Power of Attorney should not be underestimated. It will give you a voice in decisions that affect your life and health. By expressly stating your wishes in this document whilst you are able, you will ensure your interests are considered and that you are treated as an individual.
A ‘Lasting power of attorney – health and welfare’ is a legal document in which you can authorise someone to make decisions about your personal welfare in the event that you become incapable of making decisions for yourself. This could be because you have developed an illness such as dementia or you may simply be concerned that you will be unable to cope in your old age.
Continue reading A distant voice in the darkness: the power of a power of attorney