Many people are unprepared to deal with the legal and financial consequences of a serious illness such as Alzheimer’s disease or a related dementia. Legal and medical experts encourage people recently diagnosed with a serious illness — particularly one expected to cause mental and physical decline — to examine and update their financial and health …
Looking for Help With Legal and Financial Planning? Read More »
Advance directives for financial planning are documents that communicate the financial wishes of a person. It’s important to create these documents while a person with dementia still has the legal capacity to make decisions. Three common documents included in a financial directive are: Will: Specifies how a person’s estate — property, money, and other financial assets …
Financial Planning: Three Documents to Know About Read More »
Join the discussion with The Rush Alzheimer’s Disease Center’s Latino Core, “Let’s Talk” Series. This month’s topic: Social Security, Your Present and Your Future, will be a one hour session – jammed packed with useful information from experienced panelists. In both English and Spanish.
If you or a loved one has been diagnosed with Alzheimer’s disease or a related dementia, there are steps you can take to help plan for the future.
Many older adults and caregivers worry about the cost of medical care. These expenses can use up a significant part of monthly income, even for families who thought they had saved enough. So, how do you pay for long-term care? Payment sources may include Personal funds— Much home-based care is paid for using personal funds (“out …
After an Alzheimer’s diagnosis, it is important to start thinking about and documenting your health care wishes. It’s best to have these conversations between you, your family and caregivers, and your medical team early in the disease progression while you can still understand the issues and make your wishes known. You may want to create …
