Alzheimer’s and Brain Awareness Month – Thompson Von Tungeln

by | May 31, 2024 | Business News

Unfortunately, nearly all of us have at least one family member or friend who has or has passed away with Alzheimer’s or another form of dementia. Indeed, some of us may already be struggling with loss of memory, language, problem-solving and other thinking abilities that are severe enough to interfere with daily life. According to the Centers for Disease Control, National Institutes of Health and Alzheimer’s Association, nearly 7 million Americans are living with Alzheimer’s and over 11 million Americans provide unpaid care for people with dementia. The financial impact on individuals and their families is also devastating. In fact, Alzheimer’s and other dementias will cost the nation $360 billion in 2024 and by 2050, these costs could rise to $1 trillion.
Given that 1 in 3 seniors die with Alzheimer’s or another dementia, it is essential that individuals and families have a plan in place to help ensure that they and their loved ones are protected and provided for. Important subjects including healthcare, incapacity, nursing care, financial security and the risk of elder abuse and fraud need to be thoughtfully addressed in advance before it is too late. Unlike wills, an informed and expertly drafted estate plan will help ensure that those you trust have the information, direction and authority to speak and act on your behalf when you cannot.
As the area’s largest law firm specializing in estate planning for over 45 years, we have helped countless clients, offer free friendly and informative seminars and will even review your existing trust at no cost (normally $250).
If you would like to attend one of our seminars or schedule an office consultation, please call us at (661) 945-5868 at your earliest convenience.

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