Life Resource Planners of the Treasure Coast
1717 Indian River Blvd. Suite 301
Vero Beach FL 32960
(772) 567-7970 ext. 101
What is Eldercare Financial Planning?
'Traditional' Financial Planning is typically oriented towards developing a plan that addresses a client's accumulation, protection, and distribution of assets in a tax efficient manner and over a client's lifetime (retirement planning). Elder Care Financial Planning, also known as 'Life Resource Planning' is a sub-sect of 'Traditional' Financial Planning that takes these same financial planning principles and applies them specifically to the matter of paying for long-term (Chronic) health care and related financial issues. It is also about identifying the 'Financial Resources', that in some cases are 'overlooked', that can be utilized by a family to afford the quality care for their loved one.
Under Standards of Professional Conduct, the Board of Certified Financial Planners provides that the following basic subject matter typically be addressed in the planning process:
Using this process we develop for our clients a "Life Resource Plan" that is designed to help answer: