How To Help Your Elderly Relative Better Manage Their Finances

My elderly relative is not coping with their money, how can I help them?

If you have an elderly relative who is not coping very well with their money, if their money is predominantly just benefits, state retirement pension, pension credit, things like that, then it's possible that you may be able to help them by just becoming their Benefit Appointee. You can contact the Department for Work and Pensions, and they will provide you with information on that. If there is all the money in vaults, such as bank accounts, then you may want to contact the Public Guardianship Office with further information, and they will provide you with details on powers of attorney.