Caring Transitions Featured on Wall Street Select

Caring Transitions expert Nan Hayes offers steps to begin critical senior planning

CINCINNATI, Oct. 25, 2013 /PRNewswire/ — Most Baby Boomers have long outgrown the fear of ghouls and goblins this time of year. But that doesn’t mean there isn’t anything to be afraid of this Halloween season. According to a Pew survey, as many as 30 percent of Americans age 65 and older don’t have a will in place to handle distribution of assets after death. Additionally, 35 percent of Boomers haven’t discussed how their families will handle medical care, should they become incapable of making their own decisions.

End-of-life planning may seem scary, but leaving our loved ones without a plan can haunt them for years. According to Nan Hayes, Certified Senior Advisor for Caring Transitions, “Many Baby Boomers haven’t even talked about end-of-life planning with their children. It’s not a pleasant subject, but the alternative—the risk of family squabbles over property, arguments over medical care issues, the possibility of years spent in probate court—far outweigh the temporary discomfort of talking end-of-life transitions with your children.”

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