Three Essential Estate Planning Tips for Alzheimer’s Families

Dementia, a progressive and incurable condition affecting millions worldwide, poses significant challenges not only to those diagnosed but also to their families and caregivers. In the face of such a diagnosis, proactive planning becomes imperative to safeguard one’s financial security, property, and dignity. Attorney Brenton Begley, a seasoned professional specializing in elder law, shares invaluable insights and strategies to navigate this complex landscape with confidence and resilience.

Early Planning: The Key to Preparedness

Upon receiving a diagnosis of dementia, whether for oneself or a loved one, initiating early preparations is paramount. Dementia, being a terminal illness with no cure, necessitates foresight in anticipating and addressing long-term care needs. As Begley emphasizes, the cost of long-term care, whether in-home assistance or skilled nursing, can be exorbitant. Therefore, individuals are advised to explore options such as long-term care insurance, diligent savings, or strategic legal measures devised in collaboration with elder law attorneys to ensure financial security in the face of escalating care expenses.

Building a Network of Support

Central to navigating the challenges of dementia is the establishment of a robust support network comprising caregivers, healthcare professionals, and legal advisors. This network not only provides practical assistance but also serves as a source of emotional support throughout the journey. By surrounding oneself with individuals equipped to understand and address the evolving needs of the diagnosed individual, families can navigate the complexities of dementia with greater resilience and confidence.

Legal Safeguards: Protect Autonomy and Dignity

In addition to financial preparations, attention to legal matters is equally critical. Estate planning documents, including wills, trusts, and the Power of Attorney, play a pivotal role in safeguarding autonomy and ensuring one’s wishes are honored. The Power of Attorney, in particular, empowers a designated advocate to make crucial legal, financial, and healthcare decisions on behalf of the individual, thereby preserving autonomy and dignity even in instances of diminished capacity.

Seek Professional Guidance

While the prospect of dementia may evoke uncertainty and apprehension, Begley offers reassurance that proactive planning can alleviate many concerns. By addressing financial, legal, and care-related considerations proactively, individuals and families can navigate the complexities of dementia with resilience and dignity. Moreover, he underscores the importance of seeking guidance from legal professionals specializing in elder law to devise personalized strategies tailored to individual needs and circumstances.

In conclusion, while dementia presents formidable challenges, proactive planning and informed decision-making can empower individuals and families to navigate this journey with confidence and dignity. By implementing the strategies outlined by Attorney Brenton Begley, individuals can take proactive steps to safeguard their financial security, property, and most importantly, their dignity in the face of a dementia diagnosis.

McIntyre Elder Law is offering free consultations to discuss your estate planning and elder law needs. Call us at 1-888-999-6600 or visit mcelderlaw.com/scheduling.

Brenton Begley, Chief Legal Officer
Estate Planning & Elder Law Attorney

Blog Categories
Get the Latest Updates
Greg McIntyre, JD, MBA

Meet Greg McIntyre

Greg McIntyre, founder of McIntyre Elder Law, is more than just an attorney. As a Navy Veteran, father to six kids, and a loving husband, he values family deeply. This drives his commitment to helping clients safeguard their futures and pass down legacies.

Greg has a passion to help people. Beyond just legal advice, he loves having conversations and strives to build a long-term relationship with every clients that comes through his door.

Connect with Greg

Act now to secure your legacy and protect your loved ones.

At McIntyre Elder Law, we’re dedicated to assisting North Carolina families, seniors, and their loved ones as they plan for the future.

Whether you need to prepare for future long-term care, access Medicaid or nursing home benefits, or need help settling a loved one’s estate, we’re here to support you.

Contact us for a complimentary consultation to take the first steps towards safeguarding your lifestyle, your legacy, and your family’s wellbeing.

Before you go!

The Elder Law Handbook

Your comprehensive guide to safeguarding your financial well-being and ensuring your legacy stands the test of time. Download the FREE handbook today.

By providing your phone number, you agree to receive text messages from McIntyre Elder Law. Message and data rates may apply. Message frequency varies.

Skip to content