‘Luckily, I did not mix our finances’: My husband is 7 years younger and has dementia. What happens now?

Core Insights - The individual is managing financial challenges due to a spouse's early-onset dementia and business debts, while also planning for long-term financial stability [1][2][6] Financial Management - The individual has successfully caught up on mortgage payments and is managing all household bills, indicating a proactive approach to financial recovery [3][6] - There is a plan to refinance the mortgage next year to address the $20,000 debt and leverage the property's equity [2][3] Long-term Planning - The decision on whether to choose a 10-, 15-, or 30-year mortgage will depend on interest rates and the ability to repay the loan, highlighting the importance of careful financial planning [8] - The need for a durable power of attorney is emphasized, allowing the individual to make decisions on behalf of the spouse when incapacitated, which is crucial given the spouse's health condition [9]