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ELDER LAW • ESTATE PLANNING • WILLS & TRUSTS • GUARDIANSHIP & PROBATE LITIGATION

Attorney,

Generation Law

It goes without saying that continued research is critical to finding a cure for and preventing Alzheimer’s disease and related dementias. The attorneys at Generation Law don’t simply talk the talk when it comes to Alzheimer’s, we walk the walk – or, in this case, run the run.

Please consider supporting our partner, Melissa Johnson, as she prepares to run the Chicago Marathon for the first time this October to benefit Alzheimer’s research.

June 2023

Alzheimer’s and Brain Awareness Month

Greetings from Generation Law! We hope the June edition of our newsletter finds you well and enjoying the (mostly) warmer summer weather.

This month, we are dedicating the Elder Law Minute to a topic that is near and dear to our collective hearts here at Generation Law – Alzheimer’s disease and related dementias. An estimated 6.7 million Americans age 65 and older are living with Alzheimer’s disease today. This number is expected to nearly double by 2050, barring medical advancements that prevent or cure the disease. The average lifetime cost of care for a person living with Alzheimer’s is almost $400,000 due, in large part, to the greater utilization of healthcare and long-term care services. This cost estimate is even more jarring when you consider that it does not account for the unpaid cost of care frequently provided by family and/or loved ones. On average, this type of care exceeds 20 hours a week.

These troubling numbers underscore a couple of important things. First, understanding the disease is important. Early diagnosis and treatment can slow the progression of Alzheimer’s, so take some time to educate yourself about the signs. Second, do not delay in having conversations about memory at the earliest points of concern. Your family and medical professionals need to know to better assist you. Third, reach out to an elder law attorney to discuss Medicaid planning. There may be options for conserving your assets while also qualifying you for Medicaid long-term care down the road. Keep in mind, time is the best planning tool anyone can have when it comes to Medicaid planning. Be proactive as early as possible.

We hope you find this month’s newsletter to be full of helpful information regarding Alzheimer’s. We are here to help if you or a loved one has concerns or questions about Medicaid planning related to an Alzheimer’s diagnosis.

We wish you all the best of health and a wonderful summer!

JUNE'S NEWS TO KNOW

New Recommendations for Medical and Mental Health Care in Assisted Living

A recent consensus article from 19 experts who interviewed persons in assisted living care, a setting in which more and more Americans find themselves, and used the results of the interviews to identify 43 recommendations for assisted living.

Promising Treatments for Alzheimer’s

Alzheimer’s Disease affects more than 6.5 million Americans with an estimated 2 million people over the age of 65 currently in its early stages. Someone in the United States is diagnosed every 67 seconds. Drug development for the treatment of this form of dementia has been riddled with failures, but Eli Lilly has recently come into the spotlight as showing early success with a promising experimental drug.

Alzheimer’s Disease and Related Dementias (“ADRD”)

Alzheimer’s disease is the most common type of dementia. It affects parts of the brain that control thought, memory, and language. It is progressive, often beginning with mild memory loss and possibly leading to the inability to carry out daily activities. In addition to the legal planning issues that arise with an Alzheimer’s diagnosis, we thought it would be useful to also briefly address the known causes and warning signs of ADRD, as well as the steps you can take to potentially reduce your risk of developing the disease.

FIRM BRIEF

Generation Law Employee Spotlight

Krystian R. Seebert, J.D.

Inspired by personal interactions with probate and trust administration, Krystian focuses his practice on estate planning. His outside‑the‑box thinking informs the counsel he provides.

Krystian attended Villanova University in Pennsylvania. While at Villanova, he earned a B.A. in Psychology, with minors in Chinese language and Asian Studies and a minor in Business from the Villanova School of Business.

A native of the Elmhurst area, Krystian returned to the Midwest to attend the University of Illinois College of Law on a full-ride scholarship. During law school, Krystian clerked for an immigration judge; wrote academic articles for the Journal of Law, Technology & Policy; and earned high marks, graduating cum laude in 2021. He passed the bar later that same year, scoring in the top 5% of all Uniform Bar Exam takers.

Before joining Generation Law, Krystian worked as an associate attorney for another firm in the Chicago suburbs, where he drafted sophisticated revocable living trusts and developed trust amendments in response to the SECURE Act.

Krystian lives in DuPage County with his wife. In his free time, Krystian enjoys supporting Chicago sports teams and his Villanova Wildcats, Illinois Fighting Illini, and Immaculate Conception Knights. He also has a lifelong enthusiasm for the martial arts – He has studied Karate, Modern Arnis, Muay Thai, and Aikijutsu.

Meet the Generation Law Team

Ben A. Neiburger, J.D., C.P.A.

Founder

Melissa Johnson, J.D.

Partner

Andrea K. Kovar, J.D., LL.M.

Attorney

Dirk Bromberek, J.D.

Attorney

Krystian R. Seebert, J.D.

Associate Attorney

Matt Johnson

Chief Operating Officer

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IMPORTANT DISCLAIMER: This email newsletter does not create an attorney-client relationship. It does not contain legal advice for you or anyone else (so don’t act on anything we say unless you speak with an attorney first). It does contain facts and stories we think you might be interested in. We tried to keep this short because we really like you.