Am I responsible to pay for my parents’ medical and health care bills if they can’t afford them?
Studies show that most people don’t think ahead to end of life care and costs. Those unfunded costs can have a disastrous outcome for families, and— financial planning isn’t all about money. A Financial Planner will lay out a sample plan for two fictional families, illustrating key tools for preparing for the future. Participants will have an opportunity to ask questions of specialists in Long Term Care Insurance and Reverse Mortgages. An Elder Law and Estate Attorney will discuss conservatorship and Medicaid funding for nursing home care. Our Family Meeting Facilitator will share tips on having family meetings to make these important decisions.