Tag: Dementia
“When a loved one is experiencing cognitive decline, emotional and medical considerations often overshadow the financial planning that needs to happen. This is a potentially costly mistake.” Whether the reason is Alzheimer’s, Parkinson’s or any number of illnesses that lead to dementia, it’s hard for families to think about legal or financial concerns, when a […]
How to plan for the legal issues and expenses of nursing home care. Some of the truths may be hard to hear but can still be beneficial to know about, as myths about nursing home expenses are discussed in The Sentinel article “Five myths about nursing home costs and estate planning“. Myth One: Before any […]
More than 5.7 million people in this country are suffering from the disease. More and more members of families are experiencing the dilemma of expressing their wishes before they become incapacitated from Alzheimer’s Disease, according to USA Today in “B. Smith’s Alzheimer’s raises question: How to protect your wishes when incapacitated“. The article discusses the […]
Start planning long before a visit is needed. Careful planning can often help patients with Alzheimer’s to be more relaxed and comfortable if the day comes when a trip to the emergency room becomes necessary, according to The Advocate in “Alzheimer’s Q&A: What should I know before taking someone with Alzheimer’s to the emergency room“. […]
Early signs of the loss of a customer’s mental agility may be recognized by banking personnel. New federal legislation gives banks and financial institutions new tools to join in the efforts to halt the ever-growing problem of elder financial abuse, according to The Wall Street Journal in “Banks Monitor Older Customers for Cognitive Decline“. Financial […]
Planning for long-term care can give you peace of mind and protect loved ones from financial challenges. A recent study reveals that not even half of Americans 65 years of age or older have given much thought, if any, to the possibility of needing and planning for long-term care, according to Plan Advisor in the […]
Despite claims by his family, the second man to walk on the moon fights back. Buzz Aldrin, the 88-year-old astronaut, who was second to walk on the moon, has filed a lawsuit accusing two of his own children and his former manager of taking advantage of their roles in managing his assets, according to MarketWatch […]
The earlier dementia is diagnosed, the better the chance of slowing its progress. Researchers have discovered a new sign of possible upcoming dementia in a sense of smell, according to The New York Times in “Poor Sense of Smell May Signal Dementia.” Early diagnosis of dementia allows professionals to develop treatment plans that will slow […]
Wealthy people may create estate planning challenges with the quest for a longer life. Forbes recently discussed some of the challenges of an increasing life span, especially where money is no problem, in “Estate Planning For The Ultra-Wealthy When Living To 120 Or Beyond.” Medical advances and new personalized medical care plans, such as concierge […]
Robotic cats may be answer to providing companionship for Alzheimer’s patients. The New York Times discussed a new trend in providing companionship for patients unable to care for real animals in “Therapy Cats for Dementia Patients, Batteries Included.” One way to combat the problem of providing therapy animals to lonely patients with Alzheimer’s disease and […]
