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Estate and Financial Planning for Clients Living With Chronic Illness

 

Learn how to address capacity issues, draft key documents, and navigate government programs for clients with dementia or Alzheimer's.

According to the Alzheimer's Association, nearly 5.7 million Americans are living with Alzheimer's disease with that number expected to increase to over 14 million by year 2050. Estate planning attorneys will be encountering more and more clients with diminished capacity due to dementia and Alzheimer's disease. The failure to acknowledge the unique risks of these diseases in estate planning can cost individuals and their families, personally, emotionally, and financially. This content helps estate planning attorneys recognize the issues regarding capacity that must be addressed with effective and thorough powers of attorney and health care advanced directive documents. This information will also cover the important rules for government programs that assist in the payment of long-term care and how to draft documents to accelerate eligibility, including avoiding and addressing estate Medicaid estate recovery issues. This information is critical for those working with clients with dementia or Alzheimer's disease for effective and thorough representation.