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Benefits Of Long-Term Care Planning

Have You Started Your Long-Term Care Planning?

Long-term care planning is the act of planning for your financial and medical needs. Despite how important planning is, many people forget to do it.

Planning ahead and preparing for your future will provide you with many benefits that will greatly outweigh the minimal time it takes to start planning. At Kentucky ElderLaw, PLLC, our attorneys can help you begin long-term care planning. This can include:

  • Asset protection: No one can predict the future, and that is why asset protection is so important. Creating an asset protection plan will allow you to live without the worry of what will happen to your assets in the event of the unexpected.
  • Designating a power of attorney and health care surrogate: Remain in control of future decisions by designating a health care surrogate and choosing a durable power of attorney. In the event that you are no longer able to make medical or financial decisions for yourself, this person will act on your behalf and make decisions in your favor.
  • Creating a will and a living will: These documents give you control over what happens to you and your belongings when you die. Having an up-to-date will and living will puts you in control of what happens to yourself and your belongings.

Gain Peace Of Mind

Creating a plan for your future will give you peace of mind knowing that your wishes will be fulfilled. Too often, family members are left with the burden of making difficult decisions when a loved one is at the end of their life. It is never too early to put a plan in place so you can live your life knowing things will be taken care of as you wish.

Begin Long-Term Care Planning With A Consultation

Long-term care planning has many benefits; however, it can be complex. Consulting an elder law attorney will help answer your questions. If you’re looking to begin long-term care planning, Kentucky ElderLaw, PLLC, is here to help. Call our Louisville location at 502-581-1111 or call our Bowling Green location at 270-467-0002. You can also send us an email.