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What to Do If You (or a Loved One) Are Diagnosed with Alzheimer’s Disease

Estate Planning

The likelihood of experiencing Alzheimer’s disease, either personally or through a loved one, is significant. If you, or a loved one, were recently diagnosed with Alzheimer’s disease, you are likely experiencing emotional challenges and attempting to make substantial adjustments in your life. Although the diagnosis is life-altering, there are meaningful steps you can take to prepare for the journey ahead. With that in mind, the Los Angeles attorneys at Schomer Estate & Wealth Advisors discuss what to do if you (or a loved one) are diagnosed with Alzheimer’s disease.

Understanding Alzheimer’s Disease

Alzheimer’s disease is a degenerative neurological condition that progressively damages brain cells, affecting memory, language abilities, and behavior. According to the Alzheimer’s Foundation of America, Alzheimer’s leads to a decline in cognitive function as it damages neurons, or nerve cells, which disrupt communication within the brain. This loss of neuronal connections gradually impairs memory and decision-making capabilities. While research suggests that several complex factors contribute to the development of Alzheimer’s, no single cause has been identified, making it challenging to treat effectively. Although certain medications may help delay the progression of symptoms for some individuals, there is still no definitive cure or long-term treatment. The reality of Alzheimer’s disease impacts millions across the United States, with a new diagnosis occurring every minute.

Key Steps to Take If You Are Diagnosed with Alzheimer’s Disease

An Alzheimer’s diagnosis can feel overwhelming, and everyone’s journey is unique; however, there are some steps that may help you if you (or a loved one) are diagnosed with Alzheimer’s disease, including:

  1. Revisit Your Estate Plan, Focusing on Incapacity Planning: Alzheimer’s disease often progresses unpredictably, and there will likely come a time when you can no longer make financial or personal decisions independently. Now is the time to review your estate plan, ensuring it includes provisions for potential incapacity. By taking these steps early, you retain control over who will manage your assets and make decisions on your behalf, thus preventing uncertainty in the future. Include tools in your estate plan to address both financial management and personal care should the need arise.
  2. Set Up a Durable Power of Attorney: A traditional Power of Attorney (POA) is limited in scope, as it typically becomes invalid if you lose capacity. A Durable Power of Attorney, however, remains in effect even if you are no longer capable of making decisions yourself. This tool allows you to appoint a trusted individual to handle your financial and legal affairs during periods of incapacity. Keep in mind that a general POA may not permit an Agent to make healthcare decisions. For that, you will need a separate directive addressing end-of-life medical preferences.
  3. Execute an Advance Directive: If you have specific preferences regarding medical treatment at the end of life, an advance directive is essential. This document ensures that your wishes are clear and legally binding, providing peace of mind that your care will align with your values and beliefs. By creating an advance directive, you can also appoint an individual to make healthcare decisions if you become unable to do so yourself. This proactive measure can relieve your loved ones from difficult decision-making at a challenging time.
  4. Plan for the Cost of Long-Term Care: Many Alzheimer’s patients eventually require 24-hour support, which may necessitate moving to a long-term care (LTC) facility. The cost of such care can be substantial, which is why it is crucial to address these expenses early on. Many individuals turn to Medicaid to help cover long-term care costs, but qualifying for Medicaid requires meeting strict financial guidelines. Incorporating Medicaid planning into your estate plan now can help ensure eligibility when the time comes, allowing you to access the care you need without exhausting family resources.
  5. Communicate Your Wishes with Family Members: Family members may struggle to make decisions about a loved one’s care, particularly with a diagnosis as complex as Alzheimer’s. Misunderstandings or disagreements can arise, even within close families, if preferences are not clearly understood. To help avoid this, document your wishes regarding treatment, living arrangements, and financial decisions, and share this information with key family members. Providing guidance on these matters can prevent future conflicts and ensure that your care aligns with your personal desires.

Can We Help You Following an Alzheimer’s Diagnosis?

For more information, please join us for an upcoming FREE seminar. If you need help following an Alzheimer’s diagnosis, contact the experienced Los Angeles elder law attorneys at Schomer Estate & Wealth Advisors by calling (310) 337-7696 to schedule an appointment.

Scott Schomer, Estate Planning Attorney
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