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Life Health > Long-Term Care Planning

What Ghislaine Maxwell's Documents Say About Caregiving

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A federal judge has required the public release of a 2016 deposition transcript and other documents associated with the case Giuffre v. Maxwell, and allegations that Ghislaine Maxwell helped the late Jeffrey Epstein run a human trafficking operation.

Maxwell is the daughter of Robert Maxwell, a British publisher.

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.

Maxwell talks about her responsibilities as the caregiver for her mother in response to a question about a delay in making herself available for a deposition:

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.

— Connect with ThinkAdvisor Life/Health on FacebookLinkedIn and Twitter.


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NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.