There are a number of important estate planning documents that people with Alzheimer’s should complete as soon as possible. It is extremely important to have a durable power of attorney for both financial and health care related decisions. People should start thinking about who they want to designate to make financial and health care related decisions for them if they lose capacity. Creating an up-to-date living will or advanced directive for healthcare is also important for specifying what type of healthcare treatments a person wants. They will need to have an up-to-date will so that their intentions for how they want their property distributed are fulfilled. A living trust is also a good idea for people that might have a lot of assets to distribute and want to avoid the probate process.
See Documents for Alzheimer’s Patients Need to be Done Now!, Idaho Estate Planning, December 24, 2015.
Special thanks to Jim Hillhouse for bringing this article to my attention.
