Around 12 months ago my father in law suffered a blackout and was subsequently diagnosed with vascular dementia, although symptoms were fairly mild.
Roughly 6 months later another family member escorted him to the solicitor's office where he was persuaded into signing over the sucessful business that he spent 40 years building from scratch without receiving a penny in return. The rest of the family have only just found out about this after my father in law started complaining that he was running out of money. He did not realise what he had done and says he did not fully understand what he was signing, he just trusted the other family member.
Does anybody know if there is any chance that we could legally overturn the agreement given his previous diagnosis of vascular dementure ? Is there any sort of legal precedent ?
My father in law has just had another mini stroke and is now unable to do any more meaningful work, so a lump sum or regular monthly payment from his business would really help.
Any advice would be most welcome.