The planning involved in protecting someone’s assets from the devastating costs of long-term care often spark questions with regards to its ethical and moral standpoints. As to a moral standpoint, Alzheimer’s is a destructive disease that requires a specific kind of care, usually involving a long-term care facility. While there is financial help for people […]
Alzheimer’s and Nursing Home Care: If You’re Single, You’re Ready To Plan
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 […]
Financial Record Red Flags For Possible Elder Financial Abuse
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 Importance Of Moving Into A Memory Care Facility Before It Is Too Late
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 […]
Victim Risk Factors For Elder Financial Abuse – Part 2
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 […]
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