You are young and in good health. This is the best time to think about how the rest of your life will be and how best to plan for it. This includes living wills, medical power-of-attorney, and long-term care insurance planning.
Linda is a former journalist who now enjoys writing about topics she is interested in so she “can keep her mind active and engaged”.
Studies show the obvious. Long-Term Care creates stress and burden on family caregivers, no matter the reason care is required. An advance plan can ease the burden and provide asset protection.
Aging is an issue which impacts every American family. With longevity comes the health and age-related issues which drain savings and create stress and pressure on loved ones. New proposals give families more options to plan.
While many people are enjoying the lower tax-rates provided by the Trump tax law, few know the medical expense deduction threshold will increase unless action is taken by Congress.
People today are interested in their ancestry. They use DNA testing to learn more about their family tree. However, health issues in your DNA may be used against you as you also plan for long-term care.
Many people don't think of end-of-life issues. Hospice, comfort care or palliative care makes it easier on both the person and the family. Barbara Bush's end-of-life decision may bring comfort to other families.