This week, we are revisiting a three-blog-post series about planning for diminishing capacity. Diminishing capacity is a very complex topic. It may happen quickly or be a long, slow decline in the ability to make effective decisions. The risks can be devastating, impacting a person’s health and financial well-being. Recent research suggests that certain unusual behaviours in managing finances could be an early warning sign of pre-dementia or dementia.
In this series, we identify the warning signs of memory disorders in general and, in the financial context, specifically. This series will interest financial advisors as well as family members concerned about how to approach noticing, discussing, and planning for diminished capacity.
We hope you enjoy revisiting these important articles and keep notes for yourself, your clients, and their families.
