Key Takeaways | The 3 Steps You Need to Take Right Away to Protect You and Your Family When You Get a Dementia Diagnosis
Ensure that your legal documents, such as a durable financial power of attorney and an advance directive for healthcare, are in order to protect you and your family in the event of a dementia diagnosis.
Make sure that all of your professionals—including financial advisors, doctors, and attorneys—are aware of the dementia diagnosis and are working together to meet your specific needs.
Explore the different care options available, such as in-home care, assisted living, and nursing homes; and consider how to pay for them through private pay, veterans benefits, long-term care insurance, or Medicaid.
Consider seeking the assistance of a long-term care navigation service to provide ongoing support and guidance throughout the dementia care journey.
Episode Notes:
In this episode, attorney Bill Miller discusses the three steps to take immediately when there’s a dementia diagnosis to protect you and your family. He emphasizes the importance of having the right legal documents in place, such as a durable financial power of attorney and an advance directive for healthcare. He also highlights the need for professionals—including financial advisors, doctors, and attorneys—to be on the same page and understand the specific needs of individuals with dementia.
Additionally, he explores the various care options available and how to pay for them, including in-home care, assisted living, and nursing homes. Finally, he introduces the long-term care navigation service offered by his firm to support families on their dementia care journey.
Notable Moments:
(00:00) Introduction and Disclaimer
(13:50) Step 2: Coordinating Professionals for a Comprehensive Dementia Care Plan
(26:33) Conclusion and Importance of Seeking Legal Assistance
