Planning For Alzheimer’s And Memory Loss
Many elderly adults are susceptible to Alzheimer’s disease or other types of dementia. In addition to the medical decisions involved in the care of a person with dementia, there are numerous legal and financial decisions to make. During this time, the assistance of an elder law lawyer is essential.
Over Two Decades Of Experience
Attorney J. Kevin Tharpe has 25 years of Georgia elder law and estate planning experience. He can help your family plan ahead for the care of your loved one. You can rely on the firm for knowledgeable, compassionate representation. Please call 866-253-6994 to make an appointment with an Alzheimer’s planning attorney in Georgia.
Taking Action Today Is Important
Depending on the age of the individual and the stage of his or her illness, Alzheimer’s planning may include:
- Drafting or updating wills and trusts
- Creating financial and health care powers of attorney
- Setting up advance health care directives
- Planning ahead for guardianship or conservatorship
- Creating a special needs trust or other financial tools
- Planning for long-term care
When adults are incapacitated by dementia, their financial and health care agents may make decisions on their behalf. However, if no powers of attorney are in place, a guardianship or conservatorship may be necessary.
Family members may seek a guardianship or conservatorship before an emergency arises if they believe it is necessary to protect their loved one. It is important to remember that setting up a guardianship proactively has advantages. You will not be leaving crucial decisions up to strangers, and you will have the power to prevent or stop financial or physical abuse and undue influence.
In some cases, a special needs or supplement trust may provide additional funds to improve the lives of people with dementia. We can structure the trust so it does not disqualify the person from government benefits such as Social Security Disability Insurance/Supplemental Security Income or Medicaid.