Long-term senior planning can be an uncomfortable or sensitive topic for many people, as it involves planning both for long-term care that one might need later in life as well as an estate plan that best fulfills one’s wishes after they have passed away.
Arranging this type of care and planning for a family member can be both intimidating as well as emotionally and financially taxing. Molly Howell shared about her experience as a client of NC Planning, an estate planning firm based in Raleigh, North Carolina:
“My senior planning experience happened a couple of years ago when I was forced to deal with my mother’s Medicaid eligibility and residency planning. While I was there, I knew I needed to redo my estate plan. Our lives are complicated. There are other people involved, and you need a law firm or an attorney who really specializes in estate planning since that can include a number of different legal situations and documents. You really need someone that can help create the full picture, because there are multiple pieces to your life. When I did my own estate planning, my attorney covered a multitude of different scenarios and documents that might come into play.”