Living with a chronic illness presents many challenges, including securing necessary medical care. While the daily lives of those living with chronic conditions often reflect those challenges, those issues are frequently left out of estate planning. With the number of people in Florida who are living with chronic illnesses growing, planning for the future is perhaps more important than ever.
In America, there are over 130 million adults living with chronic medical problems. That figure is expected to increase to 157 million by 2020. Of those currently living with chronic illnesses, nine million are cancer survivors who must live with devastating side effects of treatment. Adults between the ages of 65 and 74 are also struggling, as 25% have at least one significant chronic illness. By age 85, half of people in this age group have some type of cognitive impairment.