In an elder abuse horror story, a young woman spends $71,000 belonging to her uncle with dementia. Proper estate planning can safeguard your assets in the face of cognitive decline.
Seniors with mild cognitive impairment (MCI) can still make legal decisions. However, this may change. Early legal planning is essential to protect their autonomy as cognitive decline progresses.
Taking legal steps early can bring clarity and peace of mind to everyone involved, ensuring that a loved one’s wishes are honored as they face Alzheimer’s.
How have you prepared for the future when it comes to long-term care? Have you considered future health and financial needs, and whether long-term care insurance may be a practical solution to avoid financial burden on your family?
