Legal and Financial Matters in Alzheimer's Disease

Planning for the Future

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Meeting with Financial Advisor/kristian sekulic/Vetta /Getty Images.

Alzheimer's disease, along with other kinds of dementia, affects many areas of our lives and requires some planning for the future. Here are some legal and financial issues to consider:

A durable medical power of attorney, also called a healthcare power of attorney, a healthcare proxie or a patient advocate, is a person that makes decisions for you in the event that you're not able to participate in medical decisions.

The person you choose to make healthcare decisions for you doesn't have the authority to make those decisions until the power of attorney is put into effect. Here's how that happens.

A living will gives you the opportunity to specify in writing your choices for medical decisions.

  • How to Cope: What to Do after a Diagnosis of Alzheimer's Disease

A new diagnosis of Alzheimer's can be overwhelming. Consider these suggestions for coping with Alzheimer's disease and planning for the future.

If your financial resources are depleted, Medicaid may cover your care at a nursing home. Learn about this process and the qualifications for nursing home Medicaid.

    Some older adults who have Alzheimer's disease or another kind of dementia may be vulnerable to abuse and neglect. Learn how to spot it and what you can do to help.

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