A Survey of Planning Tools for Addressing Clients’ Diminished Capacity.

With increased life expectancies comes the increased risk of diminished capacity. Financial advisors can play a key role in helping their clients face this peril and utilize various tools to mitigate the risks associated with cognitive decline. This article provides a survey of possible legal, advisor, and financial planning techniques that financial advisors can use in helping their clients, particularly older clients, manage the risk of diminished capacity. [ABSTRACT FROM AUTHOR]