Estate planning & long term care

(This show originally aired on November 2, 2016)

When it comes to estate planning, having a will is great. But remember it kicks in only after you kick off.

What about between now and then? And as people live longer, but not necessarily better, an important question to consider now is what happens if you can no longer take care of yourself? What options do you have? For instance, what’s a joint ownership arrangement? How does it work and what can go wrong?

What about the pros and cons of having a court-appointed guardian? What about powers of attorney? What about a trust?

So today on our Your Turn radio show we’ll be talking with Tom O’Rourke. Tom is a partner at Miles & Stockbridge, and works with active and retired feds.  He’s going to talk about what you should consider now as part of your estate planning — especially if you will need some of that money to provide for your own long-term care.

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