“Mom fell and is in the hospital” or “Dad got lost driving home from the store”; these are common events that few are prepared for. Often the family has no idea what to do. While people commonly plan for retirement, pre-pay their funeral and prepare a will or trust and powers of attorney for health care and finance, they fail to address their long-term care needs if they should experience health related issues that impacts their independence. According to a recent article from the Kaiser Health News (“A Playbook for Managing Problems In The Last Chapter Of Your Life”), a new approach is being developed by the Feinberg School of Medicine at Northwestern University to help seniors plan for the last chapter of their life – roughly beginning at age 75 – when health problems become more common. Their website, www.planyourlifespan.org is designed to help older adults plan for predictable problems commonly experienced in the last chapter of their life. Let’s hope this approach compels seniors to think these issues and take action so their long term care wishes aren’t just wishes, but rather are actual plans.
Former First Lady Rosalynn Carter once said that “there are only four kinds of people in this world: those who have been caregivers, those who currently are caregivers, those will be caregivers and those who will need caregivers.” Currently an estimated 40 million people providing care to an adult family member or other loved one. […]
In her new book, “Old & Sick in America: The Journey Through the Health Care System” Dr. Murial Gillick addresses many of the common struggles older patients can have with our health care system. These can include being seen briefly in a hospital by a physician you’ve never met before, who isn’t familiar with your […]
Protecting assets from nursing home expenses is an issue that I am frequently asked about. Sometimes it may arise after a heart attack, stroke or other concern. Other times it may arise after a loved one moves into an assisted living facility or nursing home due to Alzheimer’s. Whatever the motivation, it is topic that […]