For seniors experiencing memory loss, setting up a will and trust is crucial to ensure their estate is handled appropriately and their wishes are respected.
Memory loss, particularly due to conditions like Alzheimer’s or dementia, can make it difficult for seniors to manage their affairs or make decisions about their estate. Setting up a will and trust before the onset of significant cognitive decline can provide a clear plan for managing their assets and ensuring that their wishes are followed. A trust can be especially helpful for seniors with memory loss, as it allows a trusted individual to manage their finances and healthcare decisions on their behalf, even if the senior’s cognitive abilities deteriorate. By setting up these legal documents, seniors can ensure that their legacy and financial well-being are protected, and that they have peace of mind knowing their wishes will be respected.