This week we were delighted to host a seminar in our Taunton office with local charity BRACE. Mark Poarch, Chief Executive of BRACE, spoke about the work BRACE does in the South West of England and South Wales supporting research into dementia. We learned about the studies being undertaken and the work of the South West Dementia Brain Bank.
Clarke Willmott’s Jess Flanagan discussed capacity to make gifts. An individual with capacity can really do what they want, but things become more complicated when these gifts are made by an attorney. It was interesting to hear about the types of gift that can be made, who can make those gifts and when the Court’s approval is needed.
Anthony Fairweather spoke about his role as a panel deputy and his experience of dealing with the aftermath of fraud perpetrated by attorneys. There were some eyebrows raised at the horror stories leading to the appointment of a panel deputy.
Coping with a family member who lacks capacity can be worrying, but all three speakers emphasised that preparation and planning for future incapacity is key. It may not happen to you, but you can be prepared in case it does.