An Alzheimer’s diagnosis can be a devastating diagnosis, but you and your loved ones should not give up. Advances in medicine are being made every day and, in most cases, Alzheimer’s patients can enjoy many more good years after a diagnosis. While you should not despair, however, you should begin preparing for the changes that Alzheimer’s can bring to your life. The Bond Law Firm can help.
The Bond Law Firm can provide assistance with getting your affairs in order so you can be prepared for the day when Alzheimer’s causes incapacity. Our legal team assists you in making advanced plans for medical care, in planning for who will manage your assets once you can no longer remain in control, and in making a legacy plan for what happens to your wealth after you pass on.
Give us a call at (218) 448-4100 for personalized advice on taking control of your future after an Alzheimer’s diagnosis. You can also get answers to questions you have about coping with Alzheimer’s including:
- How can I prepare for the future after an Alzheimer’s diagnosis?
- What does an Alzheimer’s planning lawyer do?
- How can a Houston Alzheimer’s planning lawyer help?
How can I Prepare for the Future After an Alzheimer’s Diagnosis?
When you are diagnosed with Alzheimer’s, the uncertainty and the fear of lost control are often some of the biggest concerns you and your family may have. It is also natural to be worried about the costs of care, especially as many Alzheimer’s patients must eventually live in memory care units of nursing home facilities. This can be quite costly, and you can find yourself faced with big bills that insurance generally does not cover. Getting bills paid is a challenge since Medicare and private insurers won’t pay for the routine nursing home care an Alzheimer’s sufferer will require.
You can take control of your life back by making decisions in advance as much as possible on things that matter, and by using legal tools to make certain the choices you make are enforceable. You can also name those who will act for you if and when Alzheimer’s affects your ability to make medical choices or manage your affairs.
Finally, you can determine what your goals are for leaving your wealth to loved ones and charities and you can put a plan in place to make those goals a reality while you are still of sound mind and able to act. The Bond Law Firm can help.
What Does an Alzheimer’s Planning Lawyer Do?
An Alzheimer’s planning lawyer provides you with advice on steps to take, goals to set, and plans to make to determine who will act for you when you cannot and to ensure that your affairs are in order. Your lawyer can help you to:
- Use lady bird deeds, Miller trusts, and other tools to protect assets in case you must go into a nursing home and want Medicaid to cover your nursing home costs while protecting income and property.
- Using living trusts to ensure a backup trustee can immediately begin to manage assets when your Alzheimer’s makes you incapable of doing so. Living trust also help to facilitate the timely transfer of trust assets after death.
- Choosing a nursing home and making plans to pay for it with Medicaid, veterans’ benefits, or long-term care insurance once your Alzheimer’s progresses and you can no longer live independently.
- Creating a statutory durable power of attorney so that you can determine who handles your financial and business affairs after the progression of your Alzheimer’s stops you from being able to self-manage investments.
- Creating advanced directives for healthcare in order to pre-determine and express preferences on extraordinary life-extending medical care you do or don’t wish to receive in the future.
- Using wills, trusts, and other estate planning tools to control your legacy.
The Bond Law Firm can help you to appropriately address in advance all of the end-of-life issues and legacy planning issues that you need in order to be prepared after an Alzheimer’s diagnosis.
How can an Alzheimer’s Planning Lawyer Help?
The Bond Law Firm has provided assistance to many families who are dealing with the aftermath of an Alzheimer’s diagnosis. Our firm’s goals are to help clients to make smart choices for controlling their future, even as Alzheimer’s introduces uncertainty about what the future will bring.
Give us a call at (218) 448-4100 or contact us online to find out more about the ways in which a Houston Alzheimer’s planning lawyer can help you to take back the control over your future that it can feel like an Alzheimer’s diagnosis has taken from you.