Advance planning for incapacity
When possible, consult with an elder law attorney soon after a diagnosis of early-stage Alzheimer’s while the person may still participate in discussions. People with early-stage Alzheimer’s are often capable of understanding many aspects and consequences of legal decision making. However, even if a person is diagnosed with later-stage Alzheimer’s, many forms of planning can help the person and his or her family.
An elder law attorney can assist with long term care planning to ensure quality of life is maintained for as long as possible without bankrupting the family to pay for it. An attorney can also advise regarding the legal options to preserve assets, such as the family home, while minimizing estate and property transfer taxes. If necessary, an attorney can prepare a petition for a conservatorship.