People in Michigan are getting older. Americans, in general, are starting to reach retirement age in much larger numbers. ‘Baby Boomers’ are more often finding themselves in need of long-term care. It is important to understand what long-term care looks like, and what it costs, in order to prepare yourself and your family for the realities ahead. Many people are finding themselves unable to stay in their homes on their own. Therefore, they rely on long-term care facilities or other help in order to live as normal a life as possible.
Long-term care planning is an important part of estate planning. People need to understand how their assets will be used as they grow older. If people do not anticipate long-term care, they may find they do not have enough assets to take care of themselves.
According to the U.S. Department of Health and Human Services, long-term care includes a range of different activities and services. First, long-term care includes activities of daily living. This is help with basic necessities that are required for the functioning of every human being. This includes help dressing, eating, bathing and using the restroom. It can also include managing and caring for incontinence, and helping individuals move from the bed to a chair or around a living space.
Long-term care also includes instrumental activities of daily living. These activities include preparing and cleaning up after meals, taking medication and managing money. There is also caring for beloved pets, shopping for groceries and doing housework. Using the telephone and responding to emergency calls can also be included in these activities.
It is important to understand what long-term planning looks like in Michigan. An estate planning attorney may be able to give specific legal advice to individuals as they work to meet long-term care goals for themselves and for their families.