Documents You Need for Alzheimer’s Disease Planning

May 25

Alzheimer’s disease (AD) is a common ailment among the elderly. About 44 million people in the world live with it as of 2014, with 210,000 in Illinois alone. It is like a thief in the night, slowly robbing the patient of the ability to remember, learn, and think. People with AD typically live between 3 and 9 years more after diagnosis, and during that time, the degeneration can be hard to bear for those who care for them.

Early diagnosis of AD can help push back the onset of the disease, but there is no cure for it. Because it erodes the mind, there will come a time when patients can no longer make decisions about their own care and their finances. This is the reason why it is important to do Alzheimer’s Disease Planning as soon as possible after diagnosis.

Illinois enacted the Alzheimer’s Disease Assistance Act to address the needs of its stricken citizens. However, it is a work in progress, and according to the 2014 State of Illinois Alzheimer’s Disease Annual Survey, less than 5% of respondents believed the state government was handling it adequately. People diagnosed with AD have to take matter into their own hands.

You can do AD planning without a lawyer, but the advice and assistance of an elderly lawyer can be invaluable. There are some excellent elderly law attorneys in Chicago that can help you with this issue as well as other legal matters. However, you do need to give your lawyer copies of some documents to do your AD planning. These include:

  • A list of the names and contact information of close relatives, caregivers, accountants, financial managers, business partners, and domestic partners
  • A list of your assets such as bank accounts, real estate, and other tangible property
  • Estate plans, wills, trusts, and powers of attorney
  • Healthcare plans or agreements
  • Income tax returns
  • Insurance policies
  • Real estate deeds

AD is devastating enough to your closest and dearest. Do not add to it by forcing them to make hard decisions. Have your lawyer draw up a plan according to your wishes that considers everything. This should include healthcare and financial issues.

Read More