There are several things a client can do to plan for long-term care costs that may be incurred as one ages. But for the large majority of clients for whom self-insuring is not an option, what are the alternatives?
When is it appropriate to commence a guardian proceeding? What do I have to prove? What concerns should I have about bringing a proceeding? Can it be avoided?
Advisors often receive clients’ advance directives, such as durable powers of attorney and health care proxies, that were drafted in a different state, perhaps many years ago. Are those still valid?
