Stage 6: When a parent can no longer decide

Handle incapacity

You might be here if: Dementia or illness means your parent can no longer make money decisions, or there's no power of attorney in place.

Some of the hardest money decisions come when a parent can no longer make their own. This can happen gradually, with dementia, or suddenly, after a stroke or accident.

The guides here explain what financial capacity means and who decides it, what changes when a parent can no longer manage money, and what happens when there is no power of attorney. In Ontario, that can mean applying to become a guardian of property.

They also cover protecting a vulnerable parent from scams and financial abuse, and managing their money in a way that still respects their wishes.

Guides for this stage