As your parents' age, you may grow accustomed to helping them with the tasks of daily life. However, there may come a time when you need the services you are currently setting up for your parents. This is why it's important consider the elements of your own long-term...
Care Planning
What is a care plan?
If you have a relative with a disability for whom you are responsible, then you will need to do special needs planning along with your typical estate planning. You want to be sure your loved one has his or her care in order should something ever happen to you....
What are your options for home-based long-term care services?
Perhaps you graduated from college recently and started saving for retirement. With your golden years so far off, you may not think much about long-term care planning. You never know what life may bring your way, so it makes sense to prepare for the unexpected. The...
How can I talk to my family about my parents’ long-term care?
As your parents age, you will need to take some responsibility for their care in order to keep them safe and healthy. When the time comes that you recognize they require more care, you may need to talk with other family members to determine what to do. It can be tough...
What is long-term care planning?
The National Council on Aging estimates that about 65% of Americans will need help with everyday activities, such as bathing or walking, at some point in their lives. Long-term care planning is the process of preparing for the possibility of disability or illness....
How should I choose a nursing home for my parent?
If your parents are aging then you might find yourself concerned about what their future care will look like. Most people want their parents to grow old in their own homes, but oftentimes this simply isn’t a feasible option. This reality usually drives people to...
Durable Powers of Attorney Are Important Legal Documents
A strong and up-to-date estate plan is an important tool that every New York adult should strive to create. Although many individuals may believe that their estates are too small to require such action, an estate plan is necessary to ensure that their assets, no...
What to do when your parents can no longer care for themselves
Adults living in the “sandwich generation” may find themselves in a position where they are caring for young children while also caring for their ailing, older parents or grandparents. If a person’s parents or grandparents reach the point where they can no longer take...
Considering an asset-based long-term care plan
When you hit retirement age, there are many thoughts about how you will enjoy this time. Thus, many individuals in New York and elsewhere do not focus in on the potential need for long-term care at this point in time. While an estate plan can help secure assets and...
Simple ways to plan for incapacity
Ensuring that an estate plan provides for many different types of situations is an important part of developing a comprehensive overall estate plan. A complete estate plan should account for circumstances when an estate planner may be incapacitated and unable to...
