Often Forgotten Considerations for Disability Planning
When planning for the possibility of disabilities, there are more considerations than Medicaid, durable power of attorney, and a health care proxy. Here are some additional considerations:
- A disability doesn’t always mean inability to walk or make decisions
- Disabilities vary in how they affect an individual
- Disabilities should not all be treated the same, but planned for based on individual circumstances and needs
- It is important to understand the affects of various conditions, especially neurological conditions
See Martin M. Shenkman, How Neurologic Conditions Affect Planning, Wealth Management, June 24, 2014.
Special thanks to Jim Hillhouse (Professional Legal Marketing (PLM, Inc.)) for bringing this article to my attention.
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