How to talk about long-term care plans
Most people learn which topics of conversation are impolite — including money — at a relatively young age. This can make it hard for some people to approach the topic of money and financial security with their parents. For adults in Florida who need to...Consider a power of attorney during long-term estate planning
Managing finances can be difficult even in the best of situations. Some elderly Florida residents find that keeping track of money, bills, income and more gets harder with age. For these and other reasons, a person might choose to name a trusted loved one or close...Why you should talk to your parents about money, long-term care
Money is an uncomfortable topic of discussion. Most people would prefer to keep information regarding their income, debts and expenses private, perhaps partly because many were raised to believe that talking about money was not appropriate. This thought prevents...Don’t wait to plan for long-term care
Knowing how much something will cost is important for making informed decisions of all kinds. For example, before purchasing a car or taking out a mortgage, people in Florida should understand both the monthly and long-term costs. Anticipating future costs becomes a...Here’s why you need long-term care planning
Growing older is a privilege that most people hope to have, but few actually plan for. The reality is that most adults who live past retirement will need specialized services at some point in time, and those services can be extremely expensive. Rather than ignoring...Should you be asking your parents about estate planning?
Even for adult children, it is hard to imagine a life in which parents have specialized medical needs or where they are not around anymore at all. Unfortunately, these types of issues are an unavoidable fact of life. Avoiding opportunities to talk about end-of-life...Do you know these long-term care planning misconceptions?
Aging is something that is not afforded to everyone, but that does not always make dealing with issues unique to aging an easy process. Long-term care needs are often confusing and difficult to navigate. Many people in Florida feel ill-equipped to handle these matters...An irrevocable trust can be a good fit for some Florida seniors
Planning for the future can be stressful. That’s especially true for those in Florida who are considering their long term care needs. Many families are uncertain what level of care their loved one might need in the years ahead, making it difficult to know which...Using long-term estate planning to qualify for Medicaid
Rising standards of living and life expectancies mean that you can probably expect to live significantly longer than past generations. While enjoying more years with loved ones is invaluable, the actual cost of care during later years can be paralyzing. Long-term...
