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How to Handle the Plans for A Loved One Who Has A Chronic Illness

July 10, 2019

Chronic illness is much more common than most people anticipate. There’s a good chance that it has already touched your life in some way. If your loved one is living with some type of chronic disease like Parkinson’s, Alzheimer’s or multiple sclerosis, you already should be aware of the fact that your estate planning should reflect these additional challenges.

According to reports, over 130 million Americans are already living with chronic illness, and that number will increase to 157 million by 2020. A quarter of people between the ages of 65 and 74 have already had their lives affected by chronic illness, so the impact of chronic disease is significant.

Estate planning documents for those who have chronic illness are imperative. If your loved one is already living with at least one chronic illness, you will the need the same estate planning documents that most people use as the cornerstone of their estate plan.

Having a partnership with an experienced estate planning attorney is important, because if the chronic illness has already advanced significantly, it could impede the loved one’s ability to understand and sign these legal documents.

Some of the most common estate planning documents important for someone with a chronic illness include, HIPAA releases, a living will, a health care proxy, an order for life sustaining treatment and a financial power of attorney. Schedule a consultation with an estate planning attorney today to learn more.     


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can be of assistance.

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listings and become a part of an amazing team.

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Listen in, Join the Conversation!

Recent Posts
Do You Owe The AMT?

American educational reformer Horace Mann called education “the great equalizer.” In football, it’s been said ...

See more
What is the Value of Your Business?

In the second quarter of 2023, more than 2,300 small businesses were sold. The median ...

See more
Immediate vs. Deferred Annuities

Despite not being as well known as some other retirement tools, annuities account for 6.5% ...

See more