By: Don Mitchell
Aug 05, 2015
Transamerica is committed to leading the conversation within financial services about Alzheimer's disease and other types of dementia. That's why The New Age of Advice is proud to unveil its "Planning & Dementia Resources" page filled with collateral that can help you enhance your practice.
The page includes useful flyers with information for advisors and clients along with dozens of blog posts, videos, and infographics.
It also houses links to The Advisor's Guide to Financial Planning in the Shadow of Dementia, and its companion, The Caregiver's Guide to Financial Planning in the Shadow of Dementia, both written in collaboration with researchers at the Massachusetts Institute of Technology (MIT) AgeLab.
The advisor's guide features a new look and has been updated with the most recent facts and figures from the Alzheimer's Association® along with more detail about the legal and ethical considerations involved when working with clients living with dementia.
You need practical information to be prepared to competently advise people living with Alzheimer's, the most common form of dementia. The reality is the disease is threatening the legacy of many American families.
Research shows declining financial skills are among the first symptoms to appear in the mild stage of Alzheimer's. As a result, financial advisors are among the first to see signs of dementia in a client they have worked with for years.
As a profession, we must act swiftly to help protect people's finances from the costly consequences associated with Alzheimer's disease and dementia.
One reason people hire financial advisors is to help them guard against life's risks. Dementia is among the more significant risks your clients face, especially considering the Baby Boomers are reaching an advanced age.
Though this subject can be difficult to discuss, you can show your clients how you can help protect their finances if they develop dementia.
You can continue to count on Transamerica and The New Age of Advice to bring you insightful information on this pressing topic, so you can continue to be a reliable resource for your clients.
Do you have an idea for a dementia-related blog post that you would like us to research? Email us at firstname.lastname@example.org
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