Planning for Later Years

Written by Julie Fortin on .

The Autumn Garden 01

 There are many changes that occur as we or our loved ones enter the later years of life.  In addition to potential health and lifestyle changes, there are financial considerations to this time in life that can tremendously impact us or our family members if not handled properly.

Our workshop, “Planning for Later Years”, hosted elder care experts to address all aspects of elder care and help us gain a better understanding of the planning considerations during this time in life. Attorney Joy Riddell, who focuses on estate planning, trusts and estates, and elder law at Robinson, Boesch, Sennott, & Masse in Portsmouth, gave us great insight into estate planning documents that are important to have, as well as considerations for long-term nursing home care and Medicaid planning. Joy is passionate about helping families gain peace of mind by putting in place an estate plan that executes their wishes and helps to educate them on their options. She is a Past President of the NH Chapter of National Academy of Elder Law Attorneys and is very involved in many other professional and community organizations. The following are a few of the highlights of her talk.

The Importance of Estate Planning Documents

Who will handle the financial affairs for us or make healthcare decisions if we should become incompetent?

Planning Considerations for Nursing Home Care

What is Medicaid?

Medicaid is a jointly funded federal and state health program for low income people, and is the only assistance program that pays for long-term nursing home care. When evaluating Medicaid qualification and whether a person satisfies the requirements, there are three areas of Medicaid law that must be fully understood.

These are just some of the elder care topics covered in our workshop. There is so much more to elder care planning than one might initially realize. We are living longer, healthier lives than ever before and healthcare costs continue to increase. These realities make financial planning an essential part of the aging process. If you would like additional resources regarding elder care, please e-mail This email address is being protected from spambots. You need JavaScript enabled to view it. or Joy Riddell at This email address is being protected from spambots. You need JavaScript enabled to view it..

Image Credit: The Autumn Garden 01 is an image the was resourced from Flickr user Smilla4 and can be found here.