June Money
Ways to protect your savings after a diagnosis
Q: I am 73 and healthy, but my beloved husband has early-stage dementia. His diagnosis was a shock, but on reflection, I realize that he was starting to repeat himself and had forgotten to pay a few bills. He is doing well, yet I know this could jeopardize our $1.6 million in savings. How can I restructure our financial plan and estate and pay for his long-term care?

Q: I am 73 and healthy, but my beloved husband has early-stage dementia. His diagnosis was a shock, but on reflection, I realize that he was starting to repeat himself and had forgotten to pay a few bills. He is doing well, yet I know this could jeopardize our $1.6 million in savings. How can I restructure our financial plan and estate and pay for his long-term care?
