For seniors, arranging to entrust financial affairs to someone else is an important part of preparing for old age. Once you have chosen a surrogate and dealt with some of the details laid out in last week’s column, one question remains. How will the transition occur? Here are some suggestions.
Tag Archives | Carolyn McClanahan
One area that few seniors prepare for is arranging for someone else to handle their financial affairs when they can no longer fully care for themselves. This is easy to put off, for three primary reasons. First, there are a lot of difficult emotions involved with the thought of losing our cognitive ability and the […]
When most of us hear “long-term health care plan,” we think of insurance. Not necessarily so. While a LTCI policy may be part of your health care planning, it isn’t a plan. Even those who don’t need such insurance need a long-term health care plan. I recently heard a presentation by Carolyn McClanahan, MD, CFP. […]