Dimentia – A fact of life?

Dec 4, 2020

Dementia is not a single disease; it’s an all-encompassing term describing a range of symptoms.

Dementia affects memory, perception, behaviour, language and personality. Alzheimers is the most common and well-known form of dementia.

I am not going to attempt to outline the medical causes and the reasons in this article – I am not a doctor.

I do however understand the statistics and they are frightening – 1 in 10 Australians over the age of 65 will be affected and, even worse, if you make it to 85 your chances are increased threefold.

So how do you recognise if you or someone you care about is being impacted by dementia?

While the early stages of dementia are not easy to identify, be aware of:
Judgement: Decreasing or poor judgement calls
Memory: Frequent memory loss affecting daily activities
Thinking: Increasing inability with abstract thinking
Language: Forgetting simple words
Initiative: Demotivation and loss of initiative
Losing things: Misplacing items or leaving them in inappropriate places
Tasks: Difficulty performing familiar tasks
Personality: Changes in personality, mood or behaviour
Disorientation: With time and place

As we age, what can we do to minimize the risk factors? Continue reading here…..

Disclaimer: This article contains general information only. The information contained in this article is not designed to be a substitute for professional advice as such a brief guide cannot consider and cover all individual needs, objectives, circumstances and conditions applying to the law as it relates to these items mentioned in this article. No responsibility can be accepted for errors, omissions or possible misleading statements or for any decisions or actions taken as a result of any material in this communication. Appropriate expert advice should always be considered from a professional financial adviser prior to making any financial decisions. Liability limited by a Scheme approved under Professional Standards Legislation.
Record keeping for investment properties

Record keeping for investment properties

When you own an investment property, it is important to keep records of all associated costs and expenses for the whole duration that you own the property. Good record keeping will not only help with tax time but also important when you want to sell your investment...

read more
Changes to Queensland Land Tax Rules

Changes to Queensland Land Tax Rules

Changes to Queensland Land Tax RulesFrom 30 June 2023, land tax for Queensland landowners will be calculated based on their Australia-wide landholdings. Queensland land tax payable will still be based on the land value of the taxpayer’s Queensland landholdings however...

read more
Director Identification Number

Director Identification Number

Director Identification Number (Director ID) Overview As part of the new government program, Modernising Business Registers (MBR) introduced in 2020, there is a new requirement for all directors of a company to obtain a digital director identification (director ID) to...

read more
Tax planning End of 2021 financial year checklist

Tax planning End of 2021 financial year checklist

With the end of the 2021 financial year approaching, we would like to draw your attention to some things worth considering as part of your year-end tax planning. As always, we are here to assist you. If you have questions about any of the strategies mentioned in this...

read more
Translate »
Skip to content