Top 4 Ways Dad Manages His End-of-Life Matters

Ę do, Manages His End-of-Life Matters Top 4 Ways Dad Fathers have a unique set of concerns when it comes to making End-of-Life plans. To celebrate Father's Day, here are the top ways Dad puts family first. 1. ) Dad Writes a Will Ensures preservation of his assets Dictates how assets will be distributed 2. . ) Dad Sets Up a Family Trust Controls his assets and sets timed distributions for his heirs Minimizes estate and gift tax 3.) Dad Gets Insurance Dad takes pride in covering all the bases, but healthcare costs can deplete the family estate. Long-Term Healthcare Insurance: • Average costs of long-term healthcare can be up to $80,000 a year • A Long-term healthcare policy can cost as little as $1,000 a year 4. Dad Writes an Advance Directive Specifies End-of-Life medical care wishes Names a He althcare Proxy to make decisions for him if he can't Opassare Simplifying End-of-Life Management Twitter @ Passarelnc Facebook facebook.com/passareinc https://caregiver.org/end-life-decision-making Tumblr passareinc.tumblr.com http://www.huffingtonpost.com/news/end-of-life-planning/