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Alzheimer's Legal & Financial Planning
Iris L.
Posted: Wednesday, September 10, 2014 4:16 PM
Joined: 12/15/2011
Posts: 16705

Here is a good summary of the legal and financial steps to take all in one place.



Alzheimer's Legal & Financial Planning

Many people are unprepared to deal with the legal and financial consequences of a serious illness such as Alzheimer's disease. This USA NIA Fact Sheet is a great place to start. 

 Legal and medical experts encourage people recently diagnosed with a serious illness—particularly one that is expected to cause declining mental and physical health—to examine and update their financial and health care arrangements as soon as possible. Basic legal and financial instruments, such as a will, a living trust, and advance directives, are available to ensure that the person's late-stage or end-of-life health care and financial decisions are carried out.

A complication of diseases such as Alzheimer’s is that the person may lack or gradually lose the ability to think clearly. This change affects his or her ability to participate meaningfully in decision making and makes early legal and financial planning even more important. Although difficult questions often arise, advance planning can help people with Alzheimer’s and their families clarify their wishes and make well-informed decisions about health care and financial arrangements.

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