A Practical Approach to Estate Planning: Options for People with a Chronic Disease or Disability - Softcover

In each chapter, Shenkman, in clear and concise terms, explains the basic concepts of estate planning, including the topics of wills, living wills, power of attorney, HIPAA laws, and health care proxy, among others. He also includes examples of various estate planning problems that people with chronic illnesses and/or disability may encounter and gives solutions to each issue and summarizes each chapter stressing the important issues covered... This book is very well written and would be a highly useful resource in public and consumer health libraries. CAPHIS, Medical Library Association <P>I can't think of a legal, accounting, financial planning, or charitable planning practitioner that would not find ESTATE PLANNING FOR PEOPLE WITH A CHRONIC CONDITION OR DISABILITY both a valuable practice tool and a precious gift to share with select clients.""--Steve Leimberg, Leimberg Information Services<P>ÇReviews the basic components of estate planning while emphasizing the important nuances that must be considered when an individual is ill or disabled...Conveys complicated information clearly and uses specific examples to connect it to common situations. Highly recommended.-- Library Journal<p>""In this easy-to-read but no-nonsense primer, Martin Shenkman delivers a wealth of information to help you organize your financial, legal and health-care matters and protect yourself during your lifetime and beyond."" -- Anne Davis, Program Director, Legal Services, National Multiple Sclerosis Society, New York City Chapter, Momentum Magazine, Winter 2009-2010 issue

This is the first comprehensive estate-planning guide dedicated solely to the issues faced by for those living with a chronic disease or disability. This book is for everyone who needs advice planning for the disbursement of his or her estate, whether that be a modest sum or more considerable.Estate planning is the process of preparing for the management and disposition of a person's assets and resources when they are deceased or no longer able to manage their own affairs. While most people think estate planning is just worrying about assets or minimizing income and estate taxes, it is much more than that. It is really a tool used to accomplish your goals during your life and beyond.And it is even more important for people living with chronic disease or disability to take advantage of this planning tool than for people without extenuating circumstances. For instance, it is critical to have sorted out a preference whether to receive long-term care at home rather than in a nursing home in the event that you become more disabled.

It is more important for one who has a chronic illness to name a power of attorney as opposed to leaving it up to the court system or to doctors who you have never met.