Tag: Dementia
Reasons for decline remain uncertain. Offsetting projections of an increase, researchers have found that the rate of dementia among the U.S. population has declined by 12% in the last 24 years, according to The New York Times in “U.S. Dementia Rates Are Dropping Even as Population Ages.” While this is good news, the reasons for […]
The early signs of Alzheimer’s disease can be surprising. A person does not suddenly become incapacitated from Alzheimer’s disease and early warning signs may be surprising. It is extremely important that people do their estate planning before they become legally incapacitated from Alzheimer’s disease but many people wait until it is too late. Fundamental planning […]
When it comes to IRAs most couples name each other the beneficiary and the remaining spouse creates a spousal rollover. If the surviving spouse is incapacitated by an ailment such as dementia, complications can arise. What happens when end-of-life affairs are set up for a couple and one member later becomes incompetent? The potential problem […]
Of the three leading diseases that kill most Americans, two are well known for being financial nightmares: heart disease and cancer. The cost of drugs, multiple surgeries and hospitalization are widely recognized as presenting huge financial challenges to families, even when there is health insurance. But less known is the high cost of dementia. A […]
When might a police commission get involved with estate litigation? When a new will created after a patient was diagnosed with dementia leaves nearly $3 million to a previously-unnamed beneficiary … who just happens to be a police sergeant. In 2009 Geraldine Webber made a will to divide her estate. This will left one-fourth of […]
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 […]
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 […]
