Things to Consider in the New Year
The Impact of Long-Term Care: Understand the financial and legal implications of entering a nursing home and how it can affect your assets and family.
Why Estate Planning Matters: Explore the vital role of estate planning in protecting your assets, preserving your legacy, and ensuring your family's financial security.
Asset Protection: Discover how a well-structured estate plan can help protect your assets from being entirely spent on nursing home costs, potentially leaving nothing for your loved ones.
Healthcare Decision-Making: Learn about the importance of healthcare directives and powers of attorney in ensuring that your medical and financial affairs are managed according to your wishes.
Avoiding Guardianship: Understand how a lack of estate planning can lead to a guardianship proceeding, a costly and intrusive legal process.
This document is designed for general information only. The information presented in this document should not be construed to be formal legal or tax advice nor the formation of a lawyer/client relationship.
For more information on this and other topics, please contact Kevin via any of the channels listed below:
📧 kevin@kmckernan.com | 📞 718-317-5007