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Home » Estate Planning » Ten Things You Should Know about Alzheimer ’s Disease

Ten Things You Should Know about Alzheimer ’s Disease

October 23, 2015 by Anthony Moccia Leave a Comment

about Alzheimer ’s DiseaseThere is a very good chance that you, or someone you love, will suffer from Alzheimer’s disease. You may already know something about the disease; however, you can never know too much about a disease you may one day have to fight. Toward that end, consider the following ten things you should know about Alzheimer’s disease.

1. Cost of free care— In just a single year, caregivers of Alzheimer patients provided approximately 18 billion hours of unpaid care worth an estimated $218 billion. To put that figure in perspective, it is almost half the net value of all Walmart sales and nearly eight times the net revenue for all McDonalds the previous year.

2. Number of sufferers

— Between 2015 and 2025 the number of people nationwide suffering from Alzheimer’s disease is expected to increase almost 15 percent. In the State of Missouri the increase is expected to be just over 18 percent.

3. Women vs. men

— Women are statistically much more likely to suffer from Alzheimer’s. In the U.S., almost 2 out of every 3 Alzheimer patients is a woman.

4. Dying with Alzheimer’s

— 1 in every 3 seniors dies suffering from Alzheimer’s disease or another age-related dementia disease.

5. Prevalence

— 1 in 9 older Americans (65 and older) has Alzheimer’s disease. 1 in 3 people over age 85 has Alzheimer’s.

6. Expected increase

— In 2015, 5.3 million Americans are suffering from Alzheimer’s. By 2050, experts predict that figure will almost triple to approximately 14 million.

7. What is Alzheimer’s?

— Alzheimer’s is a dementia related disease that causes problems with memory, behavior, and thinking processes in a victim. Alzheimer’s sufferers account for approximately 60-80 percent of all dementia diseases.

8. Early onset —

About five percent of all Alzheimer’s sufferers have “early onset Alzheimer’s” which begins to exhibit symptoms in a victim when the victim is in his/her 40s or 50s.

9. Leading cause of death

— Alzheimer’s is the 6th leading cause of death in the United States and is the only cause of death in the top ten that cannot be prevented, cured, or slowed.

10. Cost of care

— In 2015, the U.S. will spend approximately $225 billion on Alzheimer’s. By the year 2050 that figure is projected to climb to a staggering $1.1 trillion.

If you have additional questions or concerns about how to handle the possibility of suffering from Alzheimer’s disease in your estate plan, or what to do if a spouse already has the disease, contact the experienced New York estate planning attorneys at The Law Offices of Kobrick & Moccia by calling 800-295-1917 to schedule your appointment.

 

 

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Anthony Moccia
Anthony Moccia
Anthony Moccia is an attorney and partner at The Law Offices of Kobrick & Moccia.His practice focuses on estate planning and elder law.He is a member of the New York State and Nassau County Bar Associations.He frequently presents free seminars on wills & living trusts to area residents and his seminars are said to be “informative, entertaining & easy to understand.”
Anthony Moccia
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