Showing posts with label Paying for LTC. Show all posts
Showing posts with label Paying for LTC. Show all posts

Monday, August 11, 2008

Caring For Your Aging Parents

There is a new book out . The title is "Stuck in the Midddle: Shared Stories and Tips for Caregiving Your Elderly Parents" It is written by Barbara McVicker.
She shares some of her own experiences in dealing with her aging parents. Any book like this can give you some ideas to share with your siblings and your parents in the context of starting a discussion of preparations for death or infirmity. It should be worth the read!

I wont agree with everything she says but I do agree with several key points that she makes.
First get your own papers in order and make sure that your parents have their papers in order.
Second make sure that you have a Durable Power of Attorney set up with some one that you trust absolutely.
Her suggestion about changing a will just because you move makes me nervous especially if there is any hint of memory impairment on the part of either partner. Even if your state only requires two witnesses I would think that three would be safer.


Financial records, Brokerage account statements, bank statements birth certificates, marriage certificates, Wills, Powers of Attorney, Living will, a personal list of special bequests for heirs Mortgage documents, property title, vehicle titles and Trust documents if you have one..
If you have more than a modest estate I would have to ask why do you not have one.

We work with Attorneys in Ohio to deliver Wills and Trusts for Ohio residents. We can also take care of general financial needs and planning and can help with LTC planning and providing LTC Insurance.

How can we help you??

www.columbusfinancialplanningpros.com

Friday, July 25, 2008

Long Term Care

Kiplinger Magazine and John Hancock Life Insurance have put together a very informative 22 minute video on key topics of Long Term Care. It talks about who needs care, where can you get care, how much care costs, how much insurance costs and how to pay for it. The link is on our website. Starting from the home page follow links to external pages and click on the link to Kiplinger LTC Video.

Our website address is
www.columbusfinancialplanningpros.com

We can help you with your LTC needs and help you decide which policy and how much coverage is right for you.

Long Term Care Video

Kiplinger Magazine and John Hancock Insurance Company have created a very informative 22 minute educational video on Long Term Care (LTC). It discusses who need it , where care is or can be provided, how much it costs for care, how much Insurance costs, and how to pay for it.
The link for that video is included on our website. Once in the website go to external links

www.columbusfinancialplanningpros.com