Financial
The 25 sources listed below are each rated on how they can help caregivers better understand and manage financial issues for people with Alzheimer's disease or dementia.
Sources are ranked from highest to lowest.
Sources are ranked from highest to lowest.
ALZSmart Score™ - Excellent85%
Caring.com
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Wide-ranging guide on finances for caregivers who seek to educate themselves about their options and avoid the unnecessary stress that can come from common financial mistakes.
ALZSmart Score™ - Excellent85%
Senior Living
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Comprehensive guide to assist in finding financial support. Topics include: Senior Living Options, Facility Costs, Personal Finance Options, Bills & Records, Financial Plans, Insurance Plans, LTC Reform, Medicaid, Medicare, Pensions, Reverse Mortgages, Social Security, Taxes, VA Benefits, Government Services, & Affordable Living Programs
ALZSmart Score™ - Excellent80%
National Caregivers Library
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
This takes you to the Home page for caregiver resources on money matters. There are links to 42 articles under these topics: General Insurance, Medicare & Medicaid, Financial Caregiving, Reverse Mortgages, Social Security, & Viatical Settlements.
ALZSmart Score™ - Excellent80%
Alzheimer's Association
Geo Location: All
ALZSmart Review™ - Summary of Contents
[PDF - 20 Pages] Begins with 10 key tips. Topics include: 1) Getting started, 2) Costs you may face, 3) How to cover costs, 4) Considerations for individuals with younger-onset, & 5) Support services in your community.
ALZSmart Score™ - Very Good75%
Alzheimer's Association
Geo Location: All
ALZSmart Review™ - Summary of Contents
Lists 8 common care costs you may face. Has 10 financial documents you'll need. 25 bullet points for private and government financial resources that are available to you when planning for care costs. Also has 10 key tips.
ALZSmart Score™ - Very Good75%
Consumer Financial Protection Bureau (CFPB)
Naomi Karp
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Provides links to 4 easy-to-understand PDF guides to help financial caregivers: 1) Powers of attorney [PDF - 24 Pages], 2) Court-appointed guardians [PDF - 28 Pages], 3) Trustees [PDF - 28 Pages], and 4) Government fiduciaries [PDF - 24 Pages] (Social Security representative payees and VA fiduciaries).
ALZSmart Score™ - Very Good70%
The 36-Hour Day (6th Edition)
Nancy L. Mace, MA and Peter V. Rabins, MD, MPH
Pages 279-290
Geo Location: All
ALZSmart Review™ - Summary of Contents
Has a bullet point list of potential expenses as a result of having Alzheimer's. Discusses 8 sources of potential financial resources. Also has a section on where to look for the forgetful person's resources.
ALZSmart Score™ - Very Good70%
Paying For Senior Care
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Describes the types and costs of Alzheimer's care. Explains payment options and financial assistance for Alzheimer's care including: medicare, medicaid, state assistance, respite care, non-profits, assistance for US veterans, insurance, and assistance for medication. Also has a table of the average cost by state for Alzheimer's Care in assisted living.
ALZSmart Score™ - Good65%
Genworth
Geo Location: US
ALZSmart Review™ - Summary of Contents
Handy 'cost calculator' for long-term care in the United States where you can select the location by state & city and the year you want to calculate (future costs).
ALZSmart Score™ - Good65%
BenefitsCheckUp (National Council on Aging)
Geo Location: US
ALZSmart Review™ - Summary of Contents
BenefitsCheckUp® is a comprehensive, free online tool that connects older adults with US Gov't benefits they may qualify for.
ALZSmart Score™ - Good65%
Family Caregiver Alliance
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Explains the importance of having the 'money' discussion early on in the planning process. Describes the financial aspects of becoming a caregiver. Provides many external links to help with factors centered on the issues of money.
ALZSmart Score™ - Good60%
AARP
Geo Location: All
ALZSmart Review™ - Summary of Contents
Explains the need for a joint account (or having a second person on the account) is essential. Show you how to make it legal. Lists 7 common signs of financial exploitation. Has help for fiduciaries and conflict resolution.
ALZSmart Score™ - Good60%
Dementia Care Central (National Institute on Aging)
Geo Location: US
ALZSmart Review™ - Summary of Contents
Explains why Financial Planning is necessary. Outlines the need learn more about medicaid eligility and which type of financial planners may be appropriate.
ALZSmart Score™ - Good60%
Paying For Senior Care
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Projects the cost of Alzheimer’s care in stage 1, 2, 3, and in total. Explains self-planning verses professional assistance.
ALZSmart Score™ - Average55%
National Institute on Aging (ADEAR)
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Has 8 early warning signs that a person with Alzheimer's is having money problems. 3 early steps you can take and still have the person feel independent. 11 bullet points to guard against financial abuse and fraud.
ALZSmart Score™ - Average55%
The Dementia Caregiver
Marc E. Agronin, MD
Pages 113-114
Geo Location: All
ALZSmart Review™ - Summary of Contents
Provides 4 safeguards can be built in to prevent financial exploitation.
ALZSmart Score™ - Average55%
WebMD
Geo Location: All
ALZSmart Review™ - Summary of Contents
This article offers some basic information on the programs available to help you financially manage your treatment for Alzheimer's disease.
ALZSmart Score™ - Average50%
National Institute on Aging (ADEAR)
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
Discusses advance directives for financial and estate management. Explains where you can get help with legal and financial planning.
ALZSmart Score™ - Average45%
Alzheimers.net (aka A Place For Mom)
Geo Location: All
ALZSmart Review™ - Summary of Contents
Lists 5 early warning signs that a parent with Alzheimer’s needs help managing finances. Discusses 5 tips for managing finances for a parent with Alzheimer’s.
ALZSmart Score™ - Satisfactory35%
VeryWell Health
Betsy Lee-Frye
Geo Location: US
ALZSmart Review™ - Summary of Contents
Discusses medicaid, supplemental security income, social security disability income, medicare, and caregiver support programs.
ALZSmart Score™ - Satisfactory35%
Understand Alzheimer's
Pages 111-113
Geo Location: All
ALZSmart Review™ - Summary of Contents
Focus is on finding and then organizing another person's financial records and documents.
ALZSmart Score™ - Satisfactory35%
Alzheimer's Disease and Other Dementias: The Caregiver's Complete Survival Guide
Nataly Rubinstein, MSW, LCSW, C-ASWCM
Pages 325-331
Geo Location: All (US)
ALZSmart Review™ - Summary of Contents
This part of the book covers: long-term care insurance, medicare, medicaid, and financial planning.
ALZSmart Score™ - Satisfactory35%
Ahead of Dementia
Luciana Mitzkun
Pages 90-92
Geo Location: All
ALZSmart Review™ - Summary of Contents
Discusses how to select fiduciary agents. Defines conservatorship and their responsibilities. Also has other finacial considerations. Has 10 tips on financial issues.
ALZSmart Score™ - Satisfactory35%
Dementia Australia
Geo Location: All (AU)
ALZSmart Review™ - Summary of Contents
Provides a 4 step process that focuses on four issues: 1) making a Will, 2) reviewing your financial resources and plans, 3) organising your finances so another person can help with their management, and 4) appointing someone to manage your finances on your behalf. Also has a worksheet to guide you.
