New Year resolutions and estate planning are two thing that most people don’t want to think about. While January is a great time to set resolutions for weight loss, exercising, eating better, and spending more time with your loved ones. It is also a great time to think about those things which we tend to “put off” like estate planning.
Most people plan for “What happens when I die?” very few people plan for “What if I don’t die, but become sick and need care for the rest of my life?” Trust me, no one wakes up and says, “I think I will have a stroke today”. Being prepared gives you and your family the most options to protect yourself, your family and your assets.
Another consideration is “Have you planned for the cost of incapacity (needing long term care due to some form of dementia)?” Did you know the cost of an average nursing home (like a Delmar Gardens or Bethesda), is between $7,500 and $8,000 a MONTH??? You don’t have to go broke in a nursing home! Planning now not only saves you and your family thousands and thousands of dollars but also gives you peace of mind.
Did you also know that a HIPAA Release only allows your family to hear what is going on with you medically, but does not allow anyone to make actual decisions? What you don’t know CAN hurt you!
Make January or February your time to take control of YOUR estate plan. Make you sure you are PREPARED. Call us today (636-394-0009) to schedule your FREE conference to learn what options you have.