Moving a family member into a senior community can bring a lot of financial changes and many potentially difficult choices about the best way to move forward. It’s important to consider the costs both initially and in the future so your loved one has the ability to live comfortably and with the proper degree of care without a financial strain.
What is a Financial Planner?
If there is ever any confusion or doubt about how finances should be handled, a professional financial planner is a great person to contact. They will ask various questions about your current situation and provide an expertly crafted outline of how to proceed, which can include the important process of power of attorney arrangements. Each person is unique, which is why financial planners apply their skills to the whole picture.