Dementia: When people just sign away property

Thoughtful patient lying on bed. [Getty Images]

Margaret Gecaga, the second wife of the late billionaire corporate executive, BM Gecaga, went to court in a property dispute over transfer of her husband’s shares in an insurance company, among other properties to only son, Udi Gecaga.

In her suit papers filed in 2014, Margaret told the court that BM Gecaga then aged about 90, “was incapacitated as a result of advanced Alzheimer’s disease among other ailments; that he had lost memory” and thus could not be enjoined in the suit, but had signed off some properties in that condition.