Has your spouse been diagnosed with dementia? You may wonder if you’re at risk of losing everything, but the short answer is no. However, it’s crucial to take the time to gather resources and learn about the diagnosis. Seek advice from healthcare professionals, organizations like the Alzheimer’s Association, and other experts who can provide guidance. Once you feel comfortable with this information, it’s wise to consult an elder law attorney to understand asset protection and the differences between care in assisted living facilities and long-term care facilities, as this can significantly impact how you’ll pay for care.

 

Planning for dementia can be challenging due to the variable progression of the disease. Some individuals may experience a slow decline while others deteriorate rapidly, and in certain cases, the journey could span 15 to 20 years or even longer. It’s essential to seek advice early and regularly, allowing you to create a comprehensive plan and maintain a sense of control over the situation. In our office, our elder care coordinator, Meg Motter, assists families in developing a life care plan. This plan provides detailed instructions from start to finish and is continually adjusted as needed. It serves as a lifeline, empowering our clients’ families to feel in control of the situation rather than being controlled by it.

 

Considering the high costs of care, it’s essential not to leave things to chance. Take action now and consult an estate planning and elder law attorney if you find yourself in this situation.

 

To further support and equip you with valuable information, we invite you to register for our free educational workshop. Join us and gain valuable insights into dealing with dementia and securing your family’s future. Don’t miss out on this opportunity – secure your spot today!