When Both Spouses Need Care – Part 1
In some of my past blog posts, I have often presented scenarios in which one spouse needs long term care but the other one does not. When we do long term care planning before any care is needed, we typically recommend placing assets in a trust to help insure they will
A Cautionary Tale about CCRCs – Part 2
In my blog post last week I was explaining about CCRCs. Continuing care retirement communities provide a continuum of care. The idea is that you make one decision to move to a CCRC and as your health declines and you need more care, you move from independent living to assisted living to nursing
A Cautionary Tale about CCRCs – Part 1
We received a call last week from Mary, whose dad had been in a CCRC but had since moved out. CCRC is shorthand for continuing care retirement community. The idea of a CCRC is that a family only needs to make one decision about a loved one’s care. That’s because the CCRC provides
AI Created Estate and Long Term Care Plans – Part 3
In my blog post for this week, I continue a discussion of AI and its impact on estate and long term care planning. This week I focus on the guidance that we provide to clients. Can AI replace the day to day or month to month guidance needed as clients navigate the