Apr
9
It’s About the Consequences
Filed Under 1. Acknowledge | Leave a Comment
If you were a young married couple with two kids, a home, a couple of cars, and hopes for providing a financially secure future for your spouse and children, you wouldn’t think twice about not considering life insurance. The fact is, however, that the chances of you dying too early are really quite small. So, let’s all [...]
Apr
7
One option: Do Nothing
Filed Under 3. Evaluate | Leave a Comment
In any serious evaluation of implementing a long term care plan the option to do nothing must be considered. It can be looked at from the effect failing to plan has on both the family and finances.
In both instances there would be a plan for the family and the finances–by default. Since the family members [...]
Apr
3
Communication - A Serious Challenge
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One of the greatest challenges regarding long-term health care
planning is having an effective conversation with the parties
involved.
Unfortunately, the critical conversation usually is charged with stress,
because of timing. Many times, the family has just confirmed a challenging diagnosis.
How can we handle caring for our spouse, mother or father when they
have an illness, like Alzheimer’s or [...]
Apr
2
Who Really Needs a Plan?
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The funny thing about long-term care is that the individual who needs the care will be cared for because they are deeply loved. The issue is not about the individual with the illness, the issue is about everyone else who is left: that person’s spouse and family, including children, who will be providing the care. [...]
Apr
1
April 1st
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The federal government has decided that it no longer makes sense to plan or manage the growing Medicare, Medicaid and Social Security deficits and will instead start to purchase PowerBall tickets in an effort to offset the growing shortfall. In a news conference on Capitol Hill a bipartisan group of legislators stated they no longer [...]
























