Care giving for someone with Alzheimer’s disease is one of the most difficult jobs in the world. In addition to making sure that your loved one’s daily needs are met, you must deal with the fact that your relationship with this person is no longer what it once was. Plus, you are trying to maintain some sort of life of your own. As a caregiver, you need to take into consideration how you are doing as well, and recognize the boundaries between what you can handle on your own and what things you need to get assistance for from others.
Taking on the responsibility of providing for a loved one with Alzheimer’s can often cause the caregiver to experience financial stress. It’s often inconsistent with holding any other job, and reducing household income can often produce financial strain. Despite that, many caregivers feel uncomfortable with the idea of charging a parent or other loved one for their work. Even those who entertain the idea may not have a handle on what’s fair.
Fortunately, these issues can often be addressed in a very positive way with proper legal planning. This is generally not the type of legal help for which the assistance of a “general practice” attorney would be appropriate. You need an elder law attorney – someone who focuses his or her professional practice in dealing with the specific types of legal issues that Alzheimer’s families face, such as Coulson Elder Law.
Alzheimer’s and nursing home care seem to inevitably go hand in hand. Whether you are facing this diagnosis for yourself or for a family member, there is some legal planning that needs to be done. And if you are single with Alzheimer’s, the time to plan is now. It’s essential to do the planning early […]
There are financial record red flags that could alert you that someone is being a victim of financial exploitation. Does your loved one have unpaid bills, late charges, unusual amounts of cash or ATM withdrawals, charges for unusual items or other inconsistent findings in their financial records? If so, these could all be clues that […]
The natural instinct for us is to want to keep someone who has been diagnosed with Alzheimer’s at home for as long as possible before moving them into a memory care facility. But, in a lot of cases, that may not particularly be doing them a favor. We are creatures of habit and when we […]
In the second part of the two-part series on victim risk factors for elder financial abuse (see part one here), we look at other circumstances such as depression and loneliness, social isolation and substance abuse that are risk factors for somebody becoming a victim of financial exploitation. As mentioned before, the presence of these factors doesn’t necessarily […]
There are certain victim risk factors such as advanced age, female gender, cognitive or physical impairments, and language and communication issues, that all lend themselves to leaving someone open for financial exploitation. This doesn’t necessarily mean that everyone who has these factors is going to be a victim, it does however mean that these are […]