Legal and Financial Planning for Alzheimer’s Care

If you or a loved one is facing an Alzheimer’s diagnosis, planning for the future is important. While the process can be emotionally and mentally taxing, establishing legal and financial plans early on ensures that your preferences for health care, finances, and end-of-life care are respected. Proper planning also alleviates stress for your loved ones, who might otherwise be left to make difficult decisions on your behalf.


Health Care Planning


Health care planning involves making decisions about the type of medical care you wish to receive and designating someone to make decisions for you if you cannot. Advance directives are legal documents that outline your preferences, and providers follow these directives for your medical treatment. Two main documents are:


  • Living Will: A living will outlines your wishes regarding medical treatment in situations where you are unable to communicate your decisions. This can include preferences for life-sustaining treatments, pain management, and other healthcare choices.
  • Power of Attorney for Health Care: This document allows you to appoint a trusted individual to make medical decisions on your behalf if you become incapacitated. This person, often called a health care proxy or agent, is responsible for ensuring that your health care preferences are followed.


Making decisions about your health care in advance includes specifying your preferences for interventions like resuscitation, intubation, and other life-sustaining measures. Discuss these choices with your doctor and family so that everyone understands your wishes.


Financial Planning


Financial planning involves organizing your financial affairs to ensure that your assets are managed and distributed according to your wishes. It’s important to plan ahead while the person still has the legal capacity to make decisions. Here are three common financial documents:


  • Will: A will is a fundamental document that specifies how your assets and estate will be distributed after your death. It allows you to name beneficiaries, choose an executor to manage your estate and make specific bequests to individuals or organizations.
  • Living Trust: A living trust is a legal arrangement that allows you to place your assets into a trust during your lifetime. You can manage these assets as the trustee, and upon your death, a successor trustee will distribute them according to your instructions. This can help avoid probate and ensure a smooth transition of asset management.
  • Power of Attorney for Finances: This document designates someone to handle your financial matters if you are unable to. This person, known as an agent, can manage your bank accounts, pay bills, handle investments, and manage property on your behalf.


Lawyers can help prepare these documents with you and your family members. You can also find legal assistance through state legal aid offices, state bar associations, local nonprofit agencies, foundations, and social service agencies.


Long-Term Care Planning


Planning for long-term care involves considering your future healthcare needs and making arrangements for Alzheimer’s care as the condition progresses. Explore different long-term care options, such as in-home care, assisted living facilities, and nursing homes. Each option has different levels of care and support services, so it’s essential to choose one that meets your needs and preferences.


Hospice and palliative care services focus on providing comfort and support to individuals with terminal illnesses. These services can help manage pain, address emotional and spiritual needs, and provide support to your family during the end-of-life process.


Long-term care can be expensive, so it’s important to plan how you will cover these costs. This might involve purchasing long-term care insurance, setting aside savings, or exploring government programs that provide financial assistance for care.


Tips for Planning


  1. Start Early: Begin planning as soon as possible after receiving an Alzheimer’s diagnosis. Early planning allows you to make decisions while you are still able to communicate your wishes clearly.
  2. Involve Family Members: Include your family members in the planning process. Open and honest discussions can help everyone understand your preferences and prepare to support your decisions.
  3. Organize Documents: Keep all important documents in a secure and accessible location. Make sure that your designated healthcare proxy, financial agent, and family members know where to find these documents.
  4. Update Regularly: Review and update your documents periodically, especially if there are significant changes in your health, financial situation, or personal relationships. Keeping your plans current ensures that they continue to reflect your wishes.
  5. Communicate with Professionals: Work with legal, financial, and healthcare professionals to create and update your planning documents. Their expertise can help ensure that your plans are legally sound and comprehensive.


Planning for Alzheimer’s care involves making important legal and financial decisions that will affect your future care and the well-being of your loved ones. By addressing these issues early and thoroughly, you can ensure that your wishes are respected and provide peace of mind for yourself and your family. Taking the time to plan now can make a significant difference in the quality of care you receive and the ease with which your loved ones can manage your affairs.


Compassionate Alzheimer’s Care at Courtyard Manor


At Courtyard Manor, we provide comprehensive Alzheimer’s care designed to create a compassionate and supportive environment. Our 24-hour nursing care ensures that every resident’s health needs are met promptly and efficiently. We tailor personal care plans to meet the unique needs of individuals with Alzheimer’s, emphasizing respect and dignity. Our structured activities and programs are designed to engage residents and enhance their quality of life.


We prioritize creating a family-like atmosphere and maintaining the longevity of our staff to ensure stability and familiarity for our residents. Our “Here & Now” philosophy focuses on engaging with residents in their current state, providing comfort and joy. Families can trust that their loved ones are in good hands at Courtyard Manor, where we strive to make every resident feel at home.

Contact us to learn more about our options for Alzheimer’s care.