Planning for Incapacity and Aging

While it's something no one wants to think about, physical and mental incapacity (even if only short term) is a real possibility as we age.  The cost of this incapacity can be measured in both dollars and the time invested by the caregiver(s) who provides physical care and manages the financial and legal side of the incapacitated person's life

Disabled loved ones, which may include your spouse, children, or other family members, may require special care both during and after your lifetime.  To help your loved ones receive appropriate care for their needs, you'll need to carefully consider how much of your estate to allocate toward funding that care, and how to structure that gift to best protect your loved ones and the assets you leave for their benefit.