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cognitive decline

Why Aging Parents With Memory Loss Should Stop Managing Money 

A new study published in the New York Times demonstrates some startling findings about loss of ability to make money decisions in older people. The study approaches the issue by looking at debt accumulation and reduced credit scores in elders long before being diagnosed with Alzheimer’s disease or related dementias. The team of economists and […]

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The Case for Signing a Power of Attorney

The best reason to set up a power of attorney for yourself or an elderly family member is to avoid a far more contentious and expensive alternative later: guardianship. Jonathan Williams A power of attorney becomes urgent if an elderly family member is showing early signs of dementia. “You want to run, not walk, to […]

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