I am frustrated that I can’t send my husband to my doctor’s office to pick up a prescription or get information from my files!
After taking inventory of your possessions, including your home, vehicle, stocks, life insurance policies, etc., there are many steps you will need to take to protect these assets -- and yourself. There are many steps and documents that advisors will suggest you put into place immediately for your protection.
As people live longer, the retirement population grows and health care costs climb, long-term care is a critical component of family financial planning.
No matter what line of work you are in, estate planning has facets that apply to everyone, and it comes down to documenting wishes and avoiding probate and unnecessary taxes. Too many people put it off, but, in general, the sooner you do it, the better.