Legal and Financial Planning for People with Alzheimer’s Disease

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Many people are unprepared to deal with the legal and financial consequences of a serious illness such as Alzheimer’s disease (AD). Legal and medical experts encourage people recently diagnosed with a serious illness — particularly one that is expected to cause declining mental and physical health — to examine and update their financial and health care arrangements as soon as possible.

Estate Planning & the Role of the Elder Law Attorney

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There are four basic tools of estate planning: Durable Power of Attorney, Health Care Proxy and Living Wills, Will & Living Trust. It is imperative to have these documents executed by the care recipient, while they are legally competent.

Death Without a Will

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A person who dies without a will is said to have died “intestate”. Because the deceased person left no direction on how to dispose of their assets, New York law provides for how those assets will be distributed among the surviving members of the decedent’s family.

Making a Will

A will is a legal document designating the transfer of your property and assets after you die. Although creating a will is not a difficult process, about half of all Americans die without one.

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