Alzheimer’s Planning
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 Planning Newsletters and Videos
Elder Law Minute: If You’re Married & Over 65, Your Wills Are Probably Wrong - If you are married and over 65, you probably have sweetheart wills, which means that if one spouse dies, they leave everything to their spouse. This can be problematic because it subjects your entire estate to the risk of being lost if the survivor ends up needing nursing home care. Wills that leave [...]
Elder Law Minute: Medicaid Planning For Someone Who Is Already In A Nursing Home - It’s a common misconception that if someone is already in the nursing home, there’s no way that you can do Medicaid planning for them. It’s never too late to start Medicaid planning as long as long as there are assets left to protect. Hi, I’m Wes Coulson and this is your Elder [...]
Elder Law Minute: Asset-Based Long-Term Care Insurance - In this Elder Law Minute, Wes Coulson discusses long-term care insurance and how more policies are now asset-based. Before, most long-term care policies were “use it or lose” which meant if you didn’t need long-term care, you didn’t get any benefit from the policy. Asset-based long-term care insurance isn’t “use it or lose it”, [...]
