Guiding clients with diminishing mental capacity: Residential choices {PFP Section}

American Institute of CPAs - Personal Financial Planning (PFP)

When you determine that your client needs a plan for transition of care, you will discover that there are endless options. In part 5 of this PFP Section podcast series, Reina Schlager, CPA/PFS, helps you sift through the pros and cons of each so that you can best guide your client. She discusses:

• Home and respite care
• Ranges of care facilities and how to select the best one
• Considerations with a couple
• Keeping humanity and kindness at the forefront

Access resources related to this podcast: Note: If you’re using a podcast app that does not hyperlink to the resources, visit http://pfplanning.libsyn.com/ to access show notes with direct links.

• Access parts 1 through 4 in this series here.
• Guide to Retirement and Elder Planning: Healthcare Coverage Planning
• Guide to Retirement and Elder Planning: Social Security Planning

This episode is brought to you by the AICPA’s Personal Financial Planning Section, the premier provider of information, tools, advocacy and guidance for professionals who specialize in providing tax, estate, retirement, risk management and investment planning advice. Also, by the CPA/PFS credential program, which allows CPAs to demonstrate competence and confidence in providing these services to their clients. Visit us online at www.aicpa.org/pfp to join our community, gain access to valuable member-only benefits or learn about our PFP certificate program.

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