Numbers often give a clear picture of what one can expect. Statistics regarding what will happen as the Colorado resident ages tell a story that can significantly affect one's financial future. These statistics suggest that the individual should consider the need for long-term care and possible Medicaid planning as a part of planning for his or her financial future.
Imagine a resource that can suggest simple adjustments around your home that will help someone with dementia live at home longer or put an elder at ease with songs from their youth. Then imagine fitting it in your hand. Here are a few of the apps that make life easier for everyone.
Paperwork. Is there anyone who relishes it? We doubt it. But most would agree that it is an unavoidable facet of government. Documentation is considered a rule by law mainstay because creating a paper trail enhances accountability, and at the same time, self-protection for decision makers.
There are many things someone in Colorado may plan for. A longed-for vacation, a child's education and retirement are just a few things for which it takes time to build an adequate savings. Starting early can reduce the stress and allow one to truly enjoy these monumental moments. However, there are other things to plan for that may not be as pleasant as the vacation of a lifetime. Providing for the burdens of care is certainly not so easy to think about.
Taking care of their loved ones and protecting their assets are primary goals established by many Colorado families. In most cases, the traditional approach of saving for the future, making careful investments and structuring their estate plan in an effort to achieve these goals is the key. However, due to extenuating circumstances, some families discover the critical need for special needs planning in addition to the other more traditional forms of estate planning.