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November 02, 2010

Problems Handling Money May Indicate Alzheimer's Disease, Researchers Say

On its front page, the New York Times (10/30, A1, Kolata) "The Vanishing Mind" column discussed how problems handling money may be an early indication that someone has Alzheimer's disease.

"New research shows that one of the first signs of impending dementia is an inability to understand money and credit, contracts, and agreements." This is a growing problem as the population ages, not just to the families affected, but also to financial consultants and attorneys who "say they are finding themselves in a bind when their clients' minds seem to be slipping."

A 2009 survey of financial advisors indicated that 84 percent felt they had clients with symptoms of dementia. Many advisors felt unsure what to do about such clients and how best to help them.

Related Links:

- "The Vanishing Mind: Money Woes Can Be Early Clue to Alzheimer’s," Gina Kolata, New York Times, October 30, 2010.

Posted by admin at November 2, 2010 11:34 AM





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