CLIENT UPDATE – SEPTEMBER, 2007

The FDA has approved a patch to treat mild to moderate cases of Alzheimer’s disease. The drug in the patch is called Exelon. Partly as a result of a series of articles in the Los Angeles Times, new conservatorship rules have taken effect in California, making the process of obtaining and continuing a conservatorship both more complicated and more expensive. This makes it more important than ever to have your power of attorney documents, and trust, fully up to date. The weekly magazine The Week reports that if you can’t recognize the smell of lemon, cinnamon or onion you may be experiencing the first symptoms of Alzheimer’s disease. The New York Times advises people to be careful of persons calling themselves by impressive sounding titles that imply they have extensive and special knowledge and training. Some of these people are actively selling seniors insurance, annuities or other financial products that may not be appropriate for them. Be careful who you do business with! AARP reports that heart attacks affect women as much as men, but the symptoms may be different. Symptoms in women may include discomfort in the chest, arms, back, neck, jaw or stomach; shortness of breath; nausea or lightheadedness and extreme fatigue. The New York Times reports that the Center for Disease Control has linked Chronic Fatigue Syndrome to a genetic mutation. As always, I remind you that if I have done a trust for you you should contact me every five years or when there is a major life event. Remember, if you take your house out of the trust to refinance your mortgage, be sure the...