Yes, even if you are currently in good health, long-term health planning is a prudent and proactive step. Long-term health planning involves preparing for the possibility of needing care or assistance later in life, whether due to aging, illness, or unforeseen circumstances. Here are some reasons why it’s essential to consider long-term health planning, even if you are currently healthy:
Early Preparation
Planning for long-term health care needs in advance allows you to make informed decisions while you are mentally and physically capable. Waiting until health issues arise may limit your options and put you and your loved ones under pressure to make decisions hastily.
Control over Decision-Making
Long-term health planning empowers you to have a say in the type of care you would prefer and where you would like to receive it. It also allows you to designate someone you trust to make healthcare decisions on your behalf if you become unable to do so.
Financial Preparedness
Long-term care, whether at home or in a facility, can be expensive. Planning early enables you to explore various financial options, such as long-term care insurance or setting aside funds for potential future care needs.
Reducing Burden on Loved Ones
By having a long-term health plan in place, you can alleviate the burden on your family members who might otherwise have to make difficult decisions on your behalf without knowing your preferences.
Preserving Assets and Estate
Long-term care costs can quickly deplete savings and impact your estate. With proper planning, you can protect your assets and ensure that your estate planning goals are achieved.
Addressing Unforeseen Events
Even if you are currently healthy, unexpected accidents or medical conditions can occur. Having a long-term health plan in place can provide peace of mind and a safety net in case of unexpected health changes.
Access to Better Care Options
Planning gives you the opportunity to research and choose from a wider range of care options and providers, ensuring that you receive the level of care that meets your preferences and needs.
Long-term health planning encompasses various aspects, including creating advance healthcare directives (such as a healthcare power of attorney and living will), considering long-term care insurance, and reviewing your estate plan to ensure it aligns with your future care preferences.
Consult with an experienced estate planning attorney
Roth Elder Law, PLLC, can assist you with developing a comprehensive long-term health plan tailored to your individual circumstances and goals. By taking proactive steps now, you can have greater control over your future well-being and ensure that your wishes are respected if long-term care becomes necessary. Call our office at 607-962-6162 or complete this intake form and we will be in touch to schedule a meeting.