Feb 21, 2015
By Elder Law estate Planning Attorney Rick Law of Law Elder Law in Aurora, IL. Providing legal services to the residents of Kane County – Estate Planning, Elder Law, Probate, Guardianship, Wills and Trusts, and much more!
People with the early or mild stage of Alzheimer’s may retain their mental faculties for months or even years. At this stage they may only experience short episodes of impaired mental function and can still receive, understand, and evaluate information.
Unfortunately, Alzheimer’s does progress. As the disease advances, episodes of dementia may become more frequent and may last longer. Eventually, the disease will reach the point where the individual may no longer meet a state’s legal test for “capacity” and will no longer be able to execute a valid and enforceable legal document. The requirements vary from state to state, but “capacity” generally is defined as the mental ability to perceive and appreciate relevant facts and make rational decisions.
In the case of Alzheimer’s disease, it is very important to begin planning as early as possible so that the person with dementia can participate as much as possible. Advance planning also avoids the issue of family members having to make important decisions during a crisis on behalf of the individual suffering from Alzheimer’s.
Failure to act quickly at the time of diagnosis may cause the patient to run the risk of not being deemed “competent” and a court may have to step in and appoint a guardian.
The good news is, a qualified Elder Law attorney may be able to help with:
If your loved one has memory problems and you’re afraid of the consequences that may bring, give our office a call today at 800-310-3100. Your first consultation is absolutely free. We’ll let you know what steps you need to take, right now, to protect yourself and your family. Call now.
Rick L. Law, Attorney, Estate Planner for Retirees.
Rick was named the #1 Illinois elder law estate planning attorney by Leading Lawyer Magazine. He has been quoted in the Wall Street Journal, AARP Magazine, TheStreet.com, and numerous newspapers and articles. Rick is the lead attorney for Law Elder Law, LLP, focusing in Estate Planning, Guardianship, and Nursing Home Solutions. His goal is to give retirees an informed edge when it comes to dealing with an uncertain future. Get flexible retirement strategies that work during good times and bad, plus information on how you can save your home and assets from being used to pay for long term care. Call 800-310-3100 for your free consultation now!
“Everyone in the office was absolutely wonderful to work with whether on the initial set-up of the trust, adjustment to such following my father’s passing, or processing of his home sale and proceeds.
They genuinely care for your family’s well-being and walk you through each step of the process. They are also exceptionally responsive even when parties involved live in different locations.
This is a definitely a team you can trust and one I highly recommend.”
W.W., Client of Law Hesselbaum