As we age, it is essential to have a plan in place for managing our finances. Financial planning for seniors can seem like a daunting task, but with the right information and guidance, it can be a straightforward process.

It is important to plan for the future and empower ourselves with options that meet our needs and desires. When faced with a life-limiting or terminal illness, many decisions must be made. These decisions can involve financial matters, advance directives, funeral arrangements, how the last days of life will be spent, and other issues. Even though discussing these issues may bring up feelings regarding difficult losses and changes, it is important to be proactive and to communicate in order to ensure choice and control during difficult times.

As your loved ones enter their golden years, their home becomes…