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Estate planning gap highlights need for health continuity plans

Traditional estate planning primarily focuses on asset transfer after death, but often overlooks the complex challenges families face during prolonged periods of illness or incapacity. These health-related issues can significantly impact financial outcomes and quality of life long before an estate is settled. A health continuity plan, which includes medical information, physician contacts, and legal directives like healthcare proxies and powers of attorney, is crucial for navigating healthcare systems and making care decisions during such times. AI

RANK_REASON The item is an opinion piece discussing a gap in traditional estate planning and proposing a solution, rather than reporting on a specific event.

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Estate planning gap highlights need for health continuity plans

COVERAGE [1]

  1. Forbes — Innovation TIER_1 English(EN) · John Samuels, Contributor ·

    Estate Planning Assumes You Die. Health Planning Assumes You Live.

    Most estate plans are built around death. But illness, cognitive decline and caregiving arrive first. Here's the planning gap few families anticipate.