Planning for a loved one who has a life threatening or terminal illness can be complicated. Whether they are suffering from Alzheimer’s, Parkinson’s or another illness you must consider estate planning, Medicaid planning and long term care options. Your loved may feel distraught by putting their final wishes down in a will or a trust as if they are giving up and surrendering to the disease.
From my experience as an attorney who helps families with this type of planning, the opposite occurs. While all this planning can seem quite daunting, once completed the clients often experience peace of mind.
It is also recommended that the spouse or loved ones become informed about the many available care options. Also, loved ones need to be sure that all proper planning is completed as soon as possible. This includes helping complete a loved one’s estate planning portfolio as well as planning for the possibility of requiring Medicaid benefits in the future – all of this should be done with the assistance of a qualified elder law attorney.
The time to act is now. With proper planning, you can be sure that all things are handled according to your loved one’s wishes. You can also be sure that you have taken all the steps necessary to protect your loved one’s and their financial security. Imagine the peace of mind you will experience when you have completed all the necessary planning.