We see a lot of families in our office who cannot assist their loved one who has Alzheimer's Disease or dementia with financial and health care matters because no one has the legal authority to act on behalf of the loved one. Often by the time the caregiver calls us, it is too late for us to help the loved one. This is because the mental capacity and cognition level of the loved one with Alzheimer's Disease or dementia have deteriorated too much for him or her to be able to sign any legal documents.
According to the Alzheimer's Association statistics, in 2014, an estimated 5.2 million Americans of all ages have Alzheimer's disease. One in nine people age 65 and older (11 percent) has Alzheimer's disease, and of those with Alzheimer's disease, the vast majority (82 percent) are age 75 or older. These startling statistics mean that there are millions of Americans who are in danger of not having the mental capacity to sign legal documents.