Tip 15: Make Legal and Financial Plans
Dealing with legal and financial issues is an integral part of dementia care. Addressing these matters early can prevent complications later on and ensure the person’s wishes are respected as their condition progresses.
Encourage them to participate in legal and financial planning while they’re still capable of making informed decisions. This can include creating or updating their will, designating a power of attorney, and making decisions about their future healthcare.
Organize their financial documents, such as bank accounts, insurance policies, or property deeds. Understand their financial situation and plan for future costs of care.
Seek professional advice if necessary. Financial advisors, lawyers, or elder care professionals can provide valuable guidance in navigating these complex matters. (15)
