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The credit trust had over $1 million in assets, consisting
of marketable securities as well as a Florida investment
condominium. Karen managed the condominium investment when she
took over the financial management of the credit trust. This
management duty included tasks such as deciding on renovations,
depositing rental checks, and addressing taxes and association
fee matters.
Mrs. Erickson’s Medical History
Karen first noticed Mrs. Erickson’s confusion on a few
occasions in the late 1990s and became concerned. Nurses and
doctors also noted a gradual decline in Mrs. Erickson’s cognitive
powers at about the same time, particularly as it affected Mrs.
Erickson’s short-term memory. Mrs. Erickson’s doctor confirmed a
diagnosis of Alzheimer’s disease on March 5, 1999, when Mrs.
Erickson was 86 years old. Mrs. Erickson’s Alzheimer’s disease
continued to progress. By May 2000, Mrs. Erickson no longer
drove or cooked.
Mrs. Erickson’s health continued to decline, and the family
decided it was best to help Mrs. Erickson move into a supervised
living facility. Mrs. Erickson was experiencing significant
difficulties recalling family members, and she was disoriented as
to the time, place, and date. Mrs. Erickson moved into one
facility in June 2000 and moved to a different facility in
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Last modified: November 10, 2007