If you have Alzheimer’s or another form of dementia, it is important for you to be a part of the decision-making about your financial and legal affairs, while you are able to make decisions and sign legal papers. Making arrangements in the early stages means that that you are able to control your own future.
Talk to your family. And make sure your money matters will be in the hands of someone you trust. Arrange for a power of attorney authorizing someone to legally make decisions on your behalf once you are no longer able to. Talk to a lawyer about naming someone to look after your financial interests.
Pull together your legal and financial documents such as:
- Bank accounts
- Insurance policies
- Pension plans, Registered Retirement Savings Plans (RRSPs)
- Home/car ownership
Download the factsheets below
Once the PDF is opened, go to “File” and select “Save as” so that the version is saved on your computer.
Tax Savings; Financial Issues While Caring for Someone with Dementia - Video - Three part series
Understanding Capacity; Incapacity in Health Care Decisions - Video - Four part series
Understanding Powers of Attorney, Consent, and Capacity - Videos - Three case studies