It is important to plan ahead in case you are one of the people who will suffer from Alzheimer’s disease.
Alzheimer’s disease is a scary proposition and something everyone should consider as a possibility in their future, according to the Times Herald-Record in “Disability planning is vital in case of cognitive impairment.”
Unfortunately, experts do not think a cure for this disease is likely in the near future. They expect that the number of people who suffer from it in American will double by the year 2060.
Fortunately, planning for Alzheimer’s disease is not very difficult.
An estate planning attorney or elder law attorney can assist you in getting your legal paperwork in order. You will need a health care proxy so someone of your choosing can make your medical decisions for you, including what to do and not to do, when you are terminally ill with no chance of recovery. You will need a general durable power of attorney so someone of your choosing can handle your day to day financial affairs.
Reference: Times Herald-Record (Jan. 18, 2018) “Disability planning is vital in case of cognitive impairment.”