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.
Whether a person knows and can understand the basic things that relate to legal documents is what determines their ability to execute them. The interesting thing is that competency is measured at the time that somebody signs. Why is this so important? People diagnosed with Alzheimer’s typically have good days and bad days, or even […]
Last week we discussed when planning should start, which we determined the sooner the better for getting the best results in protecting your life savings from long-term care costs. However, sometimes even the best intentions give way to daily life and the overwhelming feelings that may arise from the very situations the planning is intended […]
“I’ve made it clear to my family to never put me in a nursing home. So, why do I need an Asset Preservation Plan?” While no one wants to or plans to go into a nursing home, the hard fact is that some of us will have to go into a nursing home in our […]
Having an asset preservation plan in place can give you the peace of mind that you are protecting your property and life savings from long-term care costs. Last week, we discussed whether or not asset preservation planning was legal and while we came to terms with the legality of asset preservation planning, what about the […]
People with Alzheimer’s are generally surrounded by loved ones who provide a tremendous amount of care. Statistics tell us that if these family members were paid for providing this care, it would add up to billions of dollars a year. The fact that it is unpaid is unfortunate for a number of reasons. In this Elder […]