If you even suspect Alzheimer’s, investigate planning immediately. There’s a variety of possible planning procedures that need to be considered in light of your particular situation, in order to obtain an optimal result. Most of these techniques also require drafting of detailed legal documents to protect your assets and income.
Time is of the essence when planning involves Alzheimer’s disease because, by law, you need to have sufficient mental capacity to understand and approve the plan designed for you, or to sign documents authorizing others to act on your behalf. It’s vital to realize that the sooner you act, the greater control you’ll have over the legal and other decisions that determine how your financial future will unfold.
Even if you are already in the mid-stages of the disease, you may still legally be considered as having sufficient mental capacity to make these choices. However, your opportunity to act could fade quickly. That’s why it’s to your advantage to schedule a consultation with an Elder Law firm if dementia is suspected. If you take the steps and make the necessary decisions while you still have the mental capacity to do so, you can structure the best possible outcome for yourself going forward, rather than leaving your future to chance.
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Top Ten Elder Law Strategies for Alzheimer’s Patients and Their Families
- Investigate Elder Law Planning Immediately if You Suspect Alzheimer’s or Dementia
- Asset Protection is Imperative for Alzheimer’s & Dementia Patients
- It’s Not Too Late to Plan an Elder Law Strategy
- Obtain Valuable Services for an Alzheimer’s or Dementia Patient and Preserve Their Dignity
- Predictability + Track Record Equals Successful Elder Law Planning!
- Alzheimer’s & Dementia and the Durable Power of Attorney.
- Caregiver Agreement & Alzheimer’s Disease.
- Health Care Proxy, Advance Directives & Alzheimer’s Disease
- New York Medicaid & Alzheimer’s Disease – NY Residency Matters
- Recertification is Essential to Maintain Medicaid Benefits for Alzheimer’s & Dementia Patients