All About Estates
By Susan J. Hyatt, June 9th, 2025
Diminishing capacity is a very complex topic. It may happen quickly or be a long, slow decline in the ability to make effective decisions. The risks can be devastating, impacting a person’s health and financial well-being.
Emerging research indicates that issues managing finances could be an early warning sign of a pre-dementia or dementia diagnosis. Families need to be aware of these early financial warning signs and financial risks so they can plan for diminishing capacity and effectively manage the associated risks.
This blog post discusses a framework families can use to consider financial warning signs and also revisits some of the avoidable factors that families can help manage to minimize financial losses.
These early financial warning signs and risks are a crucial part of planning for diminishing capacity to protect a vulnerable family member…
Early financial warning signs and financial risks can be spotted years before a pre-dementia or dementia diagnosis is made.
Susan J. Hyatt, Chair & CEO, Silver Sherpa Inc.
The leaky financial pipeline metaphor is a valuable framework to help families understand the costs of dementia and pre-dementia circumstances, as well as the financial risks associated with not recognizing early warning signs.
