The Internet has a vast, seemingly unlimited supply of information on every subject you can think of. Legal matters are an important and sensitive subject. You shouldn't rely on information from the Internet to make important life choices. Always consult a reputable attorney about these issues.
I am presenting these web sites as a guide to what is important for you to know, and to help you plan for the future of the Alzheimer's sufferer and their families.
Elder Law is a relatively new idea in the legal field. Attorneys that specifically deal with the elderly are setting up shop everywhere, even on the Internet. It's important to choose an attorney carefully, thoughtfully. The elderly are at prime risk to be taken advantage of. Caregivers and their loved ones are particularly vulnerable.
The Caregivers Handbook recommends that you develop an inventory which lists all assets and liabilities of the older person. The following items should be included: bank accounts, pass books, certificates of deposit, money market funds, stocks, bonds, precious metals, jewelry, real estate deeds, promissory notes, contracts, insurance policies, safety deposit boxes (including location of the key), and retirement or pension benefits. Location of the records for each asset and liability also should be included.
Other important documents, such as birth and marriage certificates, social security numbers, divorce decrees and property settlements, income tax returns (state and federal), death certificate of spouse (if any), and wills (including the attorney's name and executor) or trust agreements, should be listed and the locations designated.
If able, the older person should compile the list. If unable, a family member, attorney, banker, accountant or certified financial planner can help compile the inventory which should be copied and kept in a safe, obvious place, possibly with a relative or friend. It is important that the document be updated every year.
AlzLegal® is a legal information service for family, professional caregivers, health practitioners and others who care for persons with Alzheimer's Disease. On their site they present an excellent checklist of Legal Documents and Vital Records. This checklist is a starting point in gathering pertinent data and information that will help you plan the continued care of your loved one.
 |
Go To Page: 1 2
| Here's the follow-up discussion on this article: | View all related messages |
For a complete listing of article comments, questions, and other discussions related to Karen Largent's Alzheimer's Research topic, please visit the Discussions page.