What Ghislaine Maxwell's Documents Say About Caregiving

Resources

The Court Listener's copy of the Ghislaine Maxwell deposition transcript is available here.

An article about what advisors should know about cognitive disorder caregiving is available here.

No one in the transcript refers to life insurance, annuities or estate planning — but it does refer, briefly, to caregiving.

My mother was sick, she is 89, she was 89 at that time so I — they — we can all — we all have parents, so anyone, I don't know how old your parents are but any parent or godparent, any individual who is in the late 80s 90s, we can understand has health issues so my mother's health was deteriorating very rapidly at that time and we had issues at home with who she would talk to and how to manage her, her health care situation and so I went home.

One takeaway for financial professionals is that every client, at every wealth level, needs to hear about long-term care planning.

Even members of the wealthiest families, who can easily afford to pay for professional care out of pocket, may need to spend time arranging and supervising the professional care, and providing the kind of attention that only close relatives can provide.

— Read Long-Term Care Awareness Month Approaches Like an Avenging Angel, on ThinkAdvisor.

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