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If your parent is already in the later stages of dementia, he or she is not able to provide POA through conventional methods. Once a person is no longer capable of making his or her own decisions due to dementia or any other reason, you will need to go through the courts to obtain power of attorney.
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A person with dementia may or may not be able to sign legal documents, depending on their current mental capacity.
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A person can only legally sign a document such as power of attorney if they understand it. If they are in the latter stages of dementia, this may not be possible. In that situation, you are not automatically in charge of the parent’s finances. You must go to court to obtain legal authorization.
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