Retirement for many Massachusetts residents is the ultimate goal, a kind of reward for years of hard work. However, planning for retirement can be difficult and hampered by numerous concerns. Health care planning is often one of those concerns.
Some individuals might be concerned with the possibility of cognitive decline. Appointing a power of attorney can help to solve many problems before they start. A single person may be appointed to make health care and financial decisions on behalf of another individual, or the power can be divided between two people. If an attorney is contacted early enough, then it is possible for the client to leave detailed instructions or a list of suggestions for the appointed power of attorney or attorneys to reference when making health care or financial decisions.
Future housing arrangements may also be a major concern for some people. There are a variety of different options available, including nursing homes, assisted living or in-home health care. However, these options can vary greatly in price and in quality of care. It is also possible that Medicare will not cover all of the necessary expenses, but there are other financial options that many may not be aware of that can help to cover the costs of long-term care or other medical expenses.
Planning for the future can be a daunting task for many. However, a local attorney may be able to help Massachusetts residents to understand their health care planning options and also help them to make the necessary arrangements. An attorney may also be able to help those who already have a will or estate plan in place to make adjustments as needed.
Source: USA Today, "Health care planning: Older Americans face tough long-term care choices", Robert Powell, March 2, 2018