We all face the prospect of aging differently, whether we’re considering our own immortality or that of a loved one. No two situations are exactly the same. Because of this, senior care planning should be approached with your unique needs and goals in mind.
Why is it important?
No matter what changes life decides to bring, it’s ideal to have evaluated the available choices well before the need for decisions arises. This is especially true when you’re planning for your own future. There are several reasons for this:
- Allows for your family to know exactly what your wishes are.
- Relieves family of the burden of making the best decisions for you.
- Gives you more control over your own life, even in a worst case scenario.
- Frees you and your family up to focus on what really matters.
Where to start?
What you decide to put into your life plan depends on your own values and what you personally desire to preserve. But it isn’t necessarily each decision by itself that makes a life plan so important. The plan as a whole ensures that medical, financial, and end-of-life decisions are based on your own wishes.
Here are some things you should consider as you begin the planning process:
- Is your family long-lived?
- Do you anticipate needing some form of assisted-living arrangement?
- Is it better to put your assets in a trust or let your estate go through probate?
- Are you for extreme medical measures, such as being put on life support, or against it?
These are all important decisions that can make your life and your family’s life much more comfortable and free from anxiety and stress in your later years. Let us at Turning Point help guide you in asking the right questions and setting up just the right plan for you.