Karen Walsh: Consequences when a farmer is diagnosed with dementia
My father was diagnosed with dementia a few years ago. He needs full time care. He is now no longer capable of running the farm and managing his affairs. I understand that he may have to be made a Ward of Court. What does this mean? What does it involve?
If a person becomes mentally incapacitated, all of their assets and property are normally frozen and cannot be used or accessed by anyone else, unless they are jointly owned, or someone has created an Enduring Power of Attorney to deal with their property or money.