Caring for a parent with Alzheimer’s or dementia can be a difficult process. In addition to the emotional work of caring for your parent, Alzheimer’s patients sometimes can be stubborn and refuse care. There may come a point where it becomes unrealistic for your parent to adequately care for themselves.
In many families, it is common for older adults to talk openly about their estate plans and last wishes. Although it is of critical importance that everyone has a legally binding last will or estate plan, it is equally important that your family members understand what your wishes are.
Trusts are a major source of security for both the people who create them and the beneficiaries who rely on them later.