More than half of middle-aged Americans care for both older parents and their children. Planning and preparation is important for the physical and financial wellbeing of this “sandwich” generation.

Most of Americans now live until 84.1 years old, but the average “healthy” life expectancy is 78.9 years. This means most of us will likely spend 6 years dealing with illnesses until death. It is essential to have a plan for long term care.

Medicaid is a joint federal-state program that provides medican assistance to American who are 65 or older and meet certain income criteria. This blog talks about basics of Medicaid eligibility and planning.

The basic estate planning consists of a will, a power of attorney, and an advance directive (living will). A will can be a great anchor for your estate plan.