There’s no doubt that estate planning is an important part of your looking ahead in your own life and even to after what happens when you pass away, but it’s important consider how you incorporate long-term care planning, too. 
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People in America are living longer than ever, and this means that traditional approaches to estate planning and retirement planning no longer cut it. Wanting to pass on assets to your loved ones is a worthwhile goal, but so is setting aside the time to ensure that you have taken care of your own future as well.
Long-term care planning involves multiple components such as thinking about your next steps if something were to happen to you, including safety nets like a long-term care insurance policy and a long-term Medicaid plan. Trying to deal with these concerns in the heat of the moment when a problem has already appeared is extremely difficult. It can also limit your options in the moment. Although no one wants to think about the potential for a disabling event or a cognitive decline, recognizing that the statistics show that at some point you’ll be dealing with this is the best way to approach the situation from a planning perspective.
Long-term care may be short term or it may involve a more in-depth situation like being in a nursing home. The only way to plan ahead is to think about whether the goals you have line up with your plans as they are now. It might be hard to look that far into the future and yet that’s a worthy goal in order to protect you and your loved ones.