Special Situations: Are you Ready?

• How would you cope with the financial disruptions if you became widowed?
• Which areas of your wealth care plan would be affected if you were to become divorced?
• How well could your financial resources provide for a dependent with special needs?
• If alzheimer's strikes you or a loved one, how will you cope?
• What impact would a personal injury lawsuit have on your assets?

 

Special situations in financial planning cover a very broad category of special client circumstances. Basically any lasting situation that has a painful financial/emotional impact should be placed in this category Each of these situations has unique financial planning needs. These are some special situation:

• Clients caring for an Alzheimer's patient
• Clients receiving structured settlements in lawsuits
• Divorce situations
• Elder care

 

Some of the issues in elder care include:

• Medi Gap insurance planning
• Living Revocable Trusts and Wills
• Long-term care planning: Assisted living search and selection; Home health care provider search and selection; Nursing home search and selection
• Durable powers of attorney, durable powers of attorney for health care, living wills Inflation protection planning
• Alzheimer's disease (financial and emotional issues) and other debilitating diseases and health problems