Long-term care planning is the act of planning for your financial and medical needs. Despite how important planning is, many people forget to do it.

Planning ahead and preparing for your future will provide you with many benefits that will greatly outweigh the minimal time it takes to start planning. At Kentucky ElderLaw, PLLC, our attorneys can help you begin long-term care planning. This can include:

• Asset protection: No one can predict the future, and that is why asset protection is so important. Creating an asset protection plan will allow you to live without the worry of what will happen to your assets in the event of the unexpected.
• Designating a power of attorney and health care surrogate: Remain in control of future decisions by designating a health care surrogate and choosing a durable power of attorney. In the event that you are no longer able to make medical or financial decisions for yourself, this person will act on your behalf and make decisions in your favor.
• Creating a will and a living will: These documents give you control over what happens to you and your belongings when you die. Having an up-to-date will and living will puts you in control of what happens to yourself and your belongings.

Creating a plan for your future will give you peace of mind knowing that your wishes will be fulfilled. Too often, family members are left with the burden of making difficult decisions when a loved one is at the end of their life. It is never too early to put a plan in place so you can live your life knowing things will be taken care of as you wish.