Consider longterm care and estate planning from "summary" of The 7 Most Important Money Decisions You'll Ever Make by Mary Claire Allvine,Christine Larson
Long-term care and estate planning are crucial aspects of managing your finances and ensuring your well-being in the future. When it comes to long-term care, it is important to consider the possibility of needing assistance with daily activities as you age. This could include help with tasks such as bathing, dressing, and eating. Long-term care can be expensive, and without proper planning, you could end up depleting your savings to cover these costs. Estate planning involves making decisions about how your assets will be distributed after your death. This includes determining who will inherit your property and possessions, as well as making arrangements for any dependents you may have. Without a clear estate plan in place, your loved ones could face lengthy legal battles and financial uncertainty. It is important to start thinking about long-term care and estate planning early on, rather than waiting until it becomes a pressing concern. By taking proactive steps now, you can ...
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