Comments on: How To Assist Aging Parents http://community.bowdoin.edu/news/2018/03/assist-aging-parents/ A repository for Bowdoin news archives Wed, 14 Nov 2018 20:25:19 +0000 hourly 1 https://wordpress.org/?v=5.1.11 By: Raymond Lavine http://community.bowdoin.edu/news/2018/03/assist-aging-parents/comment-page-1/#comment-122424 Tue, 27 Mar 2018 15:45:26 +0000 http://community.bowdoin.edu/news/?p=146720#comment-122424 Having a funeral and end of life plans is essential. Having the conversation with your family about your life exit is helpful to those you love and who love you. It will help them to help you.

Before we die, we may become frail or have chronic health issues. Without a plan it is called a crisis and few of us are prepared. It is as important as end of life planning.

There are 3 reasons to have a plan:

1. The Financial Cost
2. Emotional Cost
3. What is the worst case scenario if not fixed?

Waiting for a crisis without a plan is not helpful and disrupts the lives of your family and friends. The people you invited into your life.

Have the conversation with a competent agent or your wealth advisor to refer you to an agent so you have sufficient information to make an informed decision.

Too much time is wasted about ‘quotes.’ LTC benefits is not about quotes it is about having a predictable stream of income so your money and assets support your lifestyle and commitments now and in the future.

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