Planning for Life’s ‘What-Ifs’: Why You Need a Roadmap for Extended Care

Life is unpredictable, and the need for extended care often arises suddenly. Let’s look at the Millers and the Carsons.

The Millers worked with an advisor to purchase long-term care insurance. When Mrs. Miller developed dementia, her insurance policy covered in-home care, ensuring Mr. Miller could focus on spending quality time with her rather than juggling caregiving duties. Their children were able to visit and support emotionally without being financially strained. By planning ahead, the Millers preserved their family’s financial stability and emotional well-being.

The Carsons, on the other hand, believed extended care wasn’t necessary because “we’ll take care of each other.” When Mr. Carson suffered a stroke, his wife had to quit her job to become his full-time caregiver. Their savings dwindled rapidly, forcing their children to step in financially and emotionally. The strain created tension and resentment within the family, making an already challenging situation even more difficult.

Extended care planning is about protecting relationships and ensuring your family can focus on what matters most. Our process prioritizes your dignity and peace of mind, addressing needs you may not have realized to consider.