The Importance of Comprehensive Estate Planning as Cognitive Challenges Become More Significant

As the nation’s population grows older and more Americans are living longer, cognitive impairment of an individual is likely to become a challenge for more and more families. When a family member is diagnosed with conditions such as dementia or Alzheimer’s, it may already be too late to have an up-to-date estate plan in place. The ramifications can be dramatic not just today, but for generations to come. The risk that cognitive challenges will create obstacles for estate planning later in life underlines the value of starting the process early.