Category: Alzheimer’s
Waiting to create an estate plan could result in significant out-of-pocket costs at the end of life. Or even worse, it could result in a person with Alzheimer’s disease being subject to the will of the courts. With the number of individuals suffering from Alzheimer’s skyrocketing, there is no time to wait to get your […]
JPMorgan Chase and Co. is being sued by a historical local church after the congregation reportedly lost millions. Christ Church Cathedral claims the investment banker’s mismanagement of two trust funds and self-dealing resulted in a $13 million loss from a trust donated by humanitarian Eli Lilly Jr., the Associated Press reported Wednesday. Can your trustee […]
It’s not every day that financial advisers and accountants are called in to referee billion-dollar disputes over the ownership of a basketball team, but nevertheless there are plenty of valuable takeaways from the Sterlings’ duel in probate court. When Shelly Sterling removed her husband, Donald Sterling, as co-trustee of the family trust that owns the […]
[Glen Campbell’s wife] Kim Campbell told The Associated Press in an email Thursday that the 78-year-old’s Alzheimer’s disease has progressed to the point that he needs access to medical care 24 hours a day. When Alzheimer’s strikes, the decision of how to care for a loved one can be increasingly challenging as the disease progresses. […]
Recently, we were forced to watch a painful family feud play out in the media over how Casey Kasem should be cared for in his final days. This type of internal family strife is not uncommon even among non-celebrity blended families who may not have considered the consequences of naming one child, a new spouse […]
Elder planning deals with protecting assets while you’re still alive and perhaps unable to make good decisions. Having someone who is suffering from Alzheimer’s and unable to make decisions is like a living death, for all parties. Much of our planning is done for the unknown. We don’t know what lies ahead, so having a […]
Often, proxies are confused about how “do not hospitalize” orders work. Several proxies believed, mistakenly, that a such an order was equivalent to a request to withhold medical intervention altogether. For elderly loved ones in nursing homes, there is a very powerful tool found in a little known directive known as the “do not hospitalize” […]
“Family members are already on emotional overload—adding a financial and legal decision aspect to what they’re already going through is enormous,” said Carol Steinberg, president of Alzheimer’s Foundation of America, a national nonprofit focused on the care and needs of people with the disease. “Therefore, the more decisions made earlier on and with the input […]
The new tool, developed by researchers from Italy’s University of Milan, could provide doctors with a more objective method that gauges the complexity of a patient’s consciousness. Advances in brain science keep us informed and help us better understand how the brain functions. And when it comes to making end-of-life plans, the more we know […]
Mara has bravely faced what millions of Baby Boomers are facing: their aging parents aren’t going to stay financially competent forever … If Mara could give you a heads up today, she would tell you to note those little signs of a parent not being sharp with finances. Dementia is not really a disease in the […]
