Presentation Wrap Up: Legal & Financial Planning for Alzheimer’s Disease

Attorney Mark E. Kellogg presenting on legal and financial planning for Alzheimer's Disease at MSU Federal Credit UnionFraser Trebilcock attorney Mark E. Kellogg recently presented a program on Legal & Financial Planning for Alzheimer’s Disease at MSU Federal Credit Union.

Advance planning is important for everyone, Mark explained, though especially so after an Alzheimer’s diagnosis so that the person with dementia is able to be involved in the planning as much as possible. As a volunteer with the Alzheimer’s Association Michigan Great Lakes Chapter, and an attorney/CPA, Mark shared information on legal topics that included advance directives, durable powers of attorney, legal capacity, and guardianship. Financial issues discussed at the program included long-term care insurance, tax deductions, Medicare, Medicaid, veteran’s benefits, and employment issues.

Mark E. Kellogg has devoted his nearly 30 years of practice to the needs of family and closely-held businesses and enterprises business succession, commercial lending, and estate planning. In addition to this wide breadth of experience practicing law, he is also a certified public accountant. These skills allow him to give his clients a unique insight when working with them.

For more information on Alzheimer’s disease and resources available, visit alz.org.

Alzheimer’s Legal and Financial Planning Tips

If you or someone you love has Alzheimer’s disease or another dementia, it is important to put legal and financial plans in place as soon as possible.

Fraser Trebilcock Elder Law attorney Melisa Mysliwiec says that proper planning helps to ensure that the person with the diagnosis is able to contribute to important decisions about health care and long-term care, finances and property, and deciding who will make decisions on his or her behalf if he or she becomes unable to do so.

“If plans are not made early,” she says, “it may leave the family of the Alzheimer’s patient to guess as to what their loved one would have wanted or worse, it may ultimately be up to the courts to decide.”

Melisa spoke recently to a group of Alzheimer’s and dementia caregivers during a presentation at MSU Federal Credit Union. As an attorney who also volunteers with the Alzheimer’s Association, Melisa emphasized that early planning is key.

INFOGRAPHIC - Alzheimers-Legal-Financial-Planning

 

Some of the areas where our elder law attorneys can help you include:

  • Preparing Durable Power of Attorney for financial matters.
  • Exploring ways to defray long term care costs.
  • Assistance with Medicaid Planning and the Medicaid Application process for long term care benefits.
  • Protecting against elder abuse, neglect, and financial exploitation.
  • Handling various nursing home issues (payment, admissions, transfers, discharge, resident’s rights, and quality care).
  • Preparing Designations of Patient Advocate for health care matters.
  • Preserving assets to avoid spousal impoverishment when one spouse must enter a nursing home.
  • Guardianships, Conservatorships, and Protective Orders.
  • Exploring options for housing and living arrangements.
  • Estate planning through use of wills, trusts and other documents.

When it comes to Alzheimer’s disease or other dementias, these decisions must be made early in the progression of the disease because, in later stages, the person with dementia may lack the legal capacity to make decisions. An elder care attorney can best assist you through the process.

Additional Resources:


Mysliwiec, Melisa

If you would like to talk with an attorney about putting legal plans in place, contact attorney Melisa M. W. Mysliwiec. Melisa focuses her work in the areas of Elder Law and Medicaid planning, estate planning, and trust and estate administration. She can be reached at mmysliwiec@fraserlawfirm.com or 616-301-0800.

Free Program: Legal and Financial Planning for Alzheimer’s Disease

The diagnosis of Alzheimer’s disease makes planning for the future more important than ever. There are programs available that can help offset costs for families, but it’s crucial to have accurate information about legal and financial planning before making any major decisions.

Legal and Financial Planning for Alzheimer’s Disease is an interactive workshop where you will have a chance to learn about important legal and financial issues to consider, how to put plans in place, and how to access legal and financial resources near you. If you or someone you know is affected by Alzheimer’s disease or dementia, we invite you to join us at MSUFCU’s Farm Lane Branch for a free presentation with the Alzheimer’s Association.

Tuesday, December 13, 2016
MSUFCU Farm Lane Branch
4825 E. Mt. Hope Road
East Lansing, MI 48823
6:00 p.m. – 7:00 p.m.

CLICK HERE TO REGISTER

Topics covered will include:

  • Making legal plans that fit your needs
  • Legal documents you’ll need and what they mean for all of you
  • How to find legal and financial assistance
  • Practical strategies for making a long-term plan of care
  • Tax deductions and credits
  • Government programs that can help pay for care

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Attorneys Paula J. Manderfield and Melisa M. W. Mysliwiec will present the workshop along with Fraser Trebilcock Marketing Director and current Alzheimer’s Association board member Julie Holton. Fraser Trebilcock is proud to present “Legal and Financial Planning for Alzheimer’s Disease” along with the Alzheimer’s Association. If you would like more information, go to alz.org or email 
marketing@fraserlawfirm.com.