Estate Planning for those Diagnosed with Alzheimer’s or Dementia

ARE YOU OR A LOVED ONE DIAGNOSED WITH ALZHEIMER’S or DEMENTIA?

AFRAID OF LOSING YOUR HOME AND LIFE SAVINGS TO COSTLY LONG TERM CARE?

WHERE DO YOU BEGIN?

5 REASONS YOU NEED GUIDANCE
FROM AN EXPERIENCED ELDER LAW ATTORNEY NOW

1)      Avoid Financial Ruin from Medical Expenses

Once a loved one is diagnosed with Alzheimer’s or dementia, it is never too early to engage in asset protection and long term care planning.  Many families wait until a loved needs care in a facility, at which point it may be too late to enjoy some powerful planning opportunities.  An experienced elder law attorney can protect assets for the benefit of your loved one and your family, while also obtaining eligibility for various government assistance programs that ease the financial burden of long term care.

2)      Avoid Costly, Time-Consuming Court Proceedings

Most people are not aware of the complex legal needs of a loved one diagnosed with Alzheimer’s or dementia.  A common misconception is that a general estate plan (e.g. a basic, approximately three-page, short-form “Power of Attorney” and a “Last Will & Testament”) is sufficient to care for your loved one when they are no longer able to care for themselves.  Unfortunately, this is a big mistake that happens too often, resulting in lengthy and costly court proceedings.  Specialized legal documents are needed to protect a loved one with Alzheimer’s, as well as their family, from financial ruin.  As soon as early onset dementia is detected, it is important to consult with an experienced elder law attorney to review your legal and financial situation while your loved one is still legally competent.

3)      Answer Difficult Questions Now

In an attempt to preserve your loved one’s autonomy, many families make the mistake of deferring estate and asset protection planning until it is so late that the most powerful planning options are no longer available.  By proactively addressing and answering difficult questions you and your family will inevitably face, you are creating the greatest voice in your loved one’s planning decisions.  An advanced estate and asset protection plan enables your loved one to express their wishes concerning important personal decisions that are commonly not discussed until it is too late.

4)      Control Your Personal Healthcare & Financial Decisions

Everyone deserves the power to make their own educated decisions about their healthcare and financial well-being.  Without proper planning in advance, many loved ones diagnosed with Alzheimer’s or dementia lose this power upon their incapacity.  By executing legal healthcare directives now, as well as putting in place a solid and thorough power of attorney, you not only inform your family of your decisions in advance, but you empower them to ensure your wishes are honored.  Without these documents, such decisions may be handled by court proceedings, further adding to your family’s stress during highly emotional times.

5)      Peace of Mind

Once your interests are being safeguarded by an experienced elder law attorney, you no longer have to worry about the confusing maze of rules and regulations which are associated with the multiple stages of long term care, particularly regarding the care of loved ones diagnosed with Alzheimer’s or dementia.  If you make the decision to have Four Pillars Law Firm represent your asset protection and long term care planning needs, a simple call to our dedicated staff should set your mind at ease that we are dedicated to stabilizing your financial well-being so that you can focus on what is truly important . . . the health and well-being of yourself and your loved ones.

WHY FOUR PILLARS LAW FIRM IS THE RIGHT CHOICE FOR YOU

We are an experienced elder law practice, familiar with the particular needs of those coping with Alzheimer’s or dementia.  We understand the unique legal needs, as well as complex strategies for asset protection and financial well-being, available to you and your loved ones at each stage of your medical care; from at-home to skilled nursing facility care, we can guide you through these difficult times as your needs change.  More specifically . . .

Four Pillars Law Firm can Help You:

  • Preserve your lifesavings to safeguard your quality of life in the future;
  • Calm your fears caused by misinformation and anxiety concerning the unknown;
  • Avoid common mistakes which may disqualify your loved one from receiving government assistance, now as well as in the future; and
  • Provide compassionate and understanding guidance when you need it most.

Our Professional Legal Services are Designed to:

  • Provide a long-term plan for preserving your hard earned assets;
  • Empower personal decisions to maximize your or your loved one’s personal independence; and
  • Enhance the quality of life enjoyed by you and your loved ones.

For more detail, feel free to review several Case Studies about how an experienced elder law and estate planning attorney can help a family coping with Alzhiemer’s or Dementia.  If you would like to find out more about What We Can Do For You and Your Loved One please Contact Us today.

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