The number of lasting powers of attorney (LPAs) granted annually has tripled between 2010 and 2015.
Overall, 128,746 LPAs were granted by the Office of the Public Guardian in 2010, whilst 441,461 were granted in 2015.
The information was obtained through a Freedom of Information request by Today’s Wills and Probate.
George McNamara, Head of Policy at Alzheimer’s Society said: “This rise in numbers indicates that more people are becoming aware of the benefits of planning for the future.
“LPA can provide a crucial lifeline for people with dementia in maintaining their independence. We know that without an LPA in place people with dementia and their carers can experience difficulty managing their finances, causing them stress and anxiety.
“People should feel empowered with the right knowledge to exercise their rights. In partnership with Office of the Public Guardian, Alzheimer’s Society has created clear and informative guidance to help people understand LPA and advice about how to apply.”
A spokesperson for the Society of Will Writers said: “We are pleased to see that the number of LPA’s being registered is rising and that it appears the general public are recognising the need for a Power of Attorney. Perhaps it shows that the MoJ campaign last year (‘planning for the future’) has been successful in raising awareness.
“The Society of Will Writers are also trying to raise the awareness of the need for an LPA with public information video on LPAs. We don’t think their importance can be underestimated”.