This is a helpful reminder for those who are helping family members with cognitive challenges and for those of us who might start to struggle at some point in the future. I am thankful that my wife’s mother recognized that she needed help and then accepted help. Her financial “advisors” were not doing a good job and they were charging her for the work they were doing. We made changes together while she was still able to make decisions regarding her future. Now she is no longer able to do that. She was wise to act when she could and set in place the right legal documents with her attorney’s help.
Read this article for more helpful information:
Managing cognitive decline
I’d like to introduce my readers to a pretty special guy. If you’ve followed me for any length of time, you’ve heard his name mentioned in nearly every post. My husband Wayne supports me in my caregiving in so many ways. One of those ways is by taking care of decisions related to banking, taxes, investments…anything financial in nature.
If you’d like to read more about handling the financial side of taking care of those we love, please join him over at his blog: Know Your Flocks & Herds. I have asked him to join me as a guest writer and invite you to read his most recent blog post, “Declining Cognitive Skills and Investing.”
1 Timothy 5:3 ESV – “Honor widows who are truly widows.” 1 Timothy 5:8 ESV – “But if anyone does not provide for his relatives, and especially for members of his household, he has denied the faith and is worse than an unbeliever.” As we age, our ability to think clearly often decreases. In addition, […]
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