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How to Best Prepare for Long-Term Care
Manage episode 375467908 series 3415448
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Lynn Alexander discusses the importance of planning financially and strategically for long-term care before it becomes an immediate priority for yourself or for your loved one(s). She shares valuable insights and information on how to plan ahead and be prepared to pay for long-term care, using different strategies such as Medicaid, or other alternative programs, and even long-term care insurance. Lynn also discusses the benefit of accessing a durable power of attorney to manage financial affairs if unable to do so, or a medical power of attorney to make sure wishes are followed with regard to medical care and procedures, before a crisis situation arises.
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