Banner

estate planning

10 Senior Benefits to Remember for Financial Planning

Whether it is done independently or with the help of trusted advisors, seniors must organize their finances in the case of a crisis, but more importantly, before a crisis happens. The dreaded “health crisis” – a situation where a senior suddenly suffers injury or illness that requires treatment in a hospital – is usually what spurs families to organize the senior’s finances, health coverage, further treatment and living arrangements. The drawn-out task of reorganizing a senior’s life after a health crisis is painstaking and sensitive to error; which can happen easily if done in a hurry. With financial planning done…

Read More

Bridging Long-Term Care with Estate Planning: The Basics

As senior loved ones age, many families face challenging decisions regarding care. Frequently, these decisions involve both estate planning and long-term care. This article is meant to provide a basic framework of knowledge to prepare for some of the more difficult estate planning challenges that occur in conjunction with a senior’s need for long-term care. Long-term care and estate planning are necessary for senior citizens who wish to age and pass as comfortably as possible, while minimizing the negative impact of their passing on their families. Well-planned long-term care removes the burden of caregiving from relatives and ensures seniors get…

Read More