At the core of proper planning is the understanding that there’s simply no time like the present; it’s the only time to ensure the future, to make your intentions known. Proper estate planning means doing just that.
The importance of the present was the topic of a recent Wall Street Journal article, aptly titled, “Speak for Yourself, While You Can.”
What are some of the most important issues to discuss? Start by communicating our wishes about health care, end-of-life choices, and funeral preferences. Be sure to address your finances, any plans you have made to finance long-term nursing care (like insurance policies, etc.), and what to do about the family home.
Despite our natural reluctance to talk about these matters, now is simply the best time to actually lay out your plans and discuss them with your family. Open communication and your personal guidance can often avoid future family squabbles.
At Idaho Estate Planning, we have the skill and resources to help you put your long-term care plan together, including preparing for the possibility of Medicaid. We have the experience and expertise to help you maintain your options and protect yourself as well as your loved ones now and into the future. Remember, good planning is no accident!