These scenarios are possible and can greatly burden families. What can a senior citizen do? PLAN NOW to avoid crisis planning!
If YOU don’t make a PLAN, SOMEONE else, possibly appointed by a court, WILL.
Aging Issues Management can help you map out a plan.
Call for a free and confidential consultation to discuss your goals:
A– It is never too early and at the same time never too late. When issues are thought about plans should be made.
As an advisor, it’s our job to get you to think about the issues we all face in our retirement years. Let us help you make plans.
A– Medicare is health insurance for all people over the age of 65. Medicaid is for the impoverished. Clients with proper legal advice can plan to eventually qualify for Medicaid assistance. Contact us for information on Medicaid Planning.
A– You need to apply for Medicare generally within a 9 month window around your 65th birthday or face penalties. There are exceptions so call to find out if they apply
A– A living will tells your loved ones what medical procedures you would like if you are in the last stages of life. Basically you want to be kept comfortable and medicated but you can decline to be artificially kept alive. It’s your instructions for your loved ones.
A– The statistics say yes. We all know families who are affected by the need to arrange care for a parent or a spouse. Having plans in place can help reduce both the emotional and financial burden on families. There are new options that can meet needs both now and in the future.
A– The statistics say yes. We all know families who are affected by the need to arrange care for a parent or a spouse. Having plans in place can help reduce both the emotional and financial burden on families. There are new options that can meet needs both now and in the future.
A– Estate planning is the process of anticipating and arranging, during a person’s life, for the management and disposal of that person’s estate during the person’s life and at and after death, while minimizing gift, estate, generation skipping transfer, and income tax.
A– A power of attorney (POA) or letter of attorney is a written authorization to represent or act on another’s behalf in private affairs, business, or some other legal matter.
A– A health care proxy is a document that names someone you trust as your proxy, or agent, to express your wishes and make health care decisions for you if you are unable to speak for yourself.
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This is Joe of Aging Issues Management. I have 35 plus years of experience helping people age into and through retirement, answering both their financial
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