Death Shouldn’t Be ‘the Elephant in the Room,’ says GerontologistSep 23, 2021
End-of-life planning should be considered an integral part of comprehensive financial planning, she says.
Estate planning is a major component of a comprehensive financial plan. However, getting clients to focus on their wishes regarding their own death is sometimes easier said than done.
For most people, it is much more palatable to plan for the end of their life when they are young and death seems far off in the future. End-of-life planning can feel quite different to a person who is older when the last of his or her days looms closer, and even more so to someone facing a life-threatening or terminal illness.