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Tag: Long Term Care Planning

Get long term care planning options through a qualified attorney

7/14/2016 | Kaplin Stewart Blog

Long term care in Pennsylvania does not necessarily connote the need for medical attention. The concept also applies to needing assistance in the daily activities of life, such as bathing, getting dressed, taking medicine, grocery shopping, paying bills, managing money, house cleaning and cooking. Several studies indicate that out of those who are 65 or older right now, a whopping 70 percent will need some form of long term care for an average of three years. This connotes the need […]

Aspects of long term care planning for Baby Boomers

5/20/2016 | Kaplin Stewart Blog

Members of the Baby Boomer generation are now entering retirement at a rate of approximately 3.5 million each year. As these Pennsylvania residents continue to age, they will begin to have specific needs that must be addressed. Those needs can best be looked after through through and informed long term care planning, as part of a larger estate planning package. A common issue that many older people face is the fact that they created their estate plans many years before […]

Review long term care planning early and often

7/16/2015 | Kaplin Stewart Blog

When it comes to estate planning, many Pennsylvania residents focus exclusively on how to pass down wealth from one generation to another. While this is a valid concern, families must also consider how to integrate long term care planning into the greater estate planning approach. Doing so can help ensure that loved ones are able to secure the proper level of care if and when that time comes. The cost of residential medical care continues to rise, and many families […]

To sleep, perchance to dream – but where, and for how much? p3

5/17/2015 | Kaplin Stewart Blog

As we have said — and as most everyone knows — part of an estate plan is preparing for retirement and the health issues that come with age. It’s hard to plan for the next generation if you haven’t already planned for this one, so understanding some of the issues that are facing retirees now should help as we deal with aging loved ones or face our own later years. We have more options these days when it comes to […]

To sleep, perchance to dream – but where, and for how much?

4/17/2015 | Kaplin Stewart Blog

Survey after survey has told us that the majority of Americans want to grow old in their own homes. Healthy or infirm, seniors want to be in a familiar environment, surrounded by their belongings and their loved ones. There are cases, too, when the loved ones drive the decision: Living independently has become difficult, impractical, or dangerous. For many, taking care of your parents in their old age is just what you do; keeping a sister stricken with ALS at […]