Finally! A practical guide to walk you through the process of planning for a longer life. Using her years of experience as an Elder Law and Estate Planning attorney, and the personal lessons she learned walking her own parents through this process, Laurie Menzies explains, in practical terms, the best way to plan for this stage of life.
Her book, Embracing Elderhood: Planning for the Next Stage of Life, does not provide answers to the crisis of aging—instead, it offers options that are available both to the families with the foresight to plan, as well as to those who made no plans. Menzies shows that it’s never too late to plan when it comes to elderhood and aging.
You may be asking questions like: “Who will care for me?,” “Where will I live?” and “Will I have enough money?” Unfortunately, many families either ignore the need for planning, only to “stumble through” a fragmented, confusing system that often leaves them overwhelmed and without enough information to make good choices. Most families do not have a clear picture of how their finances will be managed when they need to pay for long-term care. Nor do they have a clear understanding of the progression of care, or where to how it can be accessed.
Today’s system for long-term care is complicated, confusing, and disjointed. However, with help, we can make it work. We have to—for our families and ourselves.
This book is written as honestly and clearly as possible, to serve as a starting point to help you understand:
· The various levels of eldercare and how to pay for them
· The legal documents you will use to protect and distribute your assets
· How to best organize your assets to plan for long-term care costs
· Why every plan must consider legal, financial, and long-term care needs
This is the one book that can help you make sense of it all.
Watch the video of Laurie Mezies discussing her book, Embracing Elderhood: