Certified Financial Planner (CFP) Exam 2026 – 400 Free Practice Questions to Pass the Exam

In a situation where a client is suspected of having dementia, the most appropriate action is to consult the client’s attorney for advice. This is crucial because an attorney can provide guidance on how to handle the client’s legal affairs and ensure that the client's interests are protected.

The attorney may also help determine if the client has a legally valid power of attorney or any other advanced directives that could clarify decision-making authority. This step is essential, as clients with diminished capacity may not be able to make informed decisions, and an attorney can help assess the situation legally, ensuring compliance with laws regarding capacity and consent.

This approach is far more prudent than contacting the client’s children or relying solely on the doctor's confirmation, as healthcare providers may not have the legal authority or context to advise on financial or planning matters. Additionally, proceeding with the client's instructions without ensuring their capacity could lead to inappropriate decisions, potentially harming the client's financial standing.