Merit Prize winner, 19th Annual Mature Media Awards, National Media (Book) division.
Written for older Americans, their Baby Boomer children, and everyone who cares for an older family member, this practical and comprehensive guide will help you build a strategy for coping with the unique legal, medical, financial, and personal challenges of aging.
Jan Warner and Jan Collins, America's trusted experts on later life planning, put decades of experience into helping you create a step-by-step plan to protect your assets, your family, your health, and your personal autonomy in later life.
In Next Steps, you will learn how to build a team of trusted legal, financial, and medical professionals to protect your interests; what should be included in important documents such as wills and financial and medical powers of attorney; the pros and cons of living trusts and reverse mortgages; the basics of Medicare and Medicaid; how to avoid scams that target the elderly; and how to live with adult children.
You will also learn how to make the right choices in health-care and long-term care planning, and even how to deal with the most sensitive aspects of later life, including divorce, remarriage, incapacity, and protection of your rights in a nursing home.
Next Steps: A Practical Guide to Planning for the Best Half of Your Life is a must-have guide to protecting your future, your family, and your finances in the second half of life.
About the Author
Jan Warner is a lawyer who has maintained an active law practice in the matrimonial and eldery law areas for more than 30 years. He is the creator and coauthor of "Flying Solo(R)," a weekly newspaper column about divorce and separation, and "NextSteps(R)," a weekly newspaper column about matters affecting the elederly and disabled. Jan Collins is a writer and journalist who is the coauthor of "Flying Solo(R)" and "NextSteps(R)." She is the editor of "Business & Economic Review" and a special correspondent for "The Economist." They both live in Columbia, South Carolina.
Table of Contents
Section I Choosing Your Team and Making It Work
Chapter 1 Putting Together the Right Team for You 3
Chapter 2 Working with Your Team 15
Section II Preparing the Necessary Documents
Chapter 3 What You'll Need for Your Plan 27
Chapter 4 Potential Pitfalls and Lifelines 37
Chapter 5 Asset Management Tools 57
Section III Implementing Your Plan Should You or a Spouse Become Chronically Ill or Incapacitated
Chapter 6 Health-Care Planning 75
Chapter 7 Long-Term Care Issues, Level-of-Care Decisions, and Payment Options 87
Chapter 8 Understanding the Basics of Medicaid 99
Chapter 9 Patients' Rights in Nursing Homes and Assisted-Living Facilities 117
Section IV Other Considerations
Chapter 10 Divorce-Especially When You're Older 133
Chapter 11 Divorce-What You Need to Know at Any Age 149
Chapter 12 Second, Third, and Beyond Marriages 179
Chapter 13 Cohabitation and Domestic Partnerships 185
Section V The End of the Line
Chapter 14 Burial Disputes and Organ Donation 221
Chapter 15 Planning for Pets 233
Web Resources 249