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Own Your Future Iowa |
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Legal & Estate Planning |
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Many Iowans face the future without having put a plan in place to properly prepare their finances and intentions. Planning for care includes not only the facility in which one will receive care, but also health care and financial directives. Advanced directives are a set of decisions that you can make to give direction to your loved ones should you become unable to voice your wishes due to a medical condition. Examples of advanced directives include: · Medical powers of attorney (POA) · Do not resuscitate order (DNR) Consider your wishes carefully and implement the plan.
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Another type of planning that should be considered inseparable with respect to long-term care is estate planning. Your estate consists of assets built up over your lifetime. Creating an estate plan consists of directives as to how these assets are to be disposed of at or near the end of your life. Long-term health care can seriously compromise well laid plans due to the potential enormity of costs. Many people consider trusts, gifting, or pre-funding liabilities with insurance. The best way to handle your estate will be determined by your assets, your wishes, and the help of a good estate planning professional. We invite you to take an easy first step in the process by ordering the free Own Your Future Planning Guide today by using the link below, or by simply calling 1-866-PLAN-LTC.
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Carefully map financial and healthcare strategies |
