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The benefits of estate planning could prove crucial late in life

The idea of planning for certain life events can be intimidating. However, having a plan in place to cover certain scenarios in life could help you or your loved ones avoid a great deal of stress down the road, and considering the benefits of estate planning might help you overcome previous reservations.

Baby boomers and long-term care planning considerations

Born between 1946 and 1964, the youngest of the estimated 76.4 million baby boomers are currently 52 and the oldest 70. Today, many soon-to-retire or recently retired baby boomers would likely contend that they are in the prime of their lives. However, in the coming years as members of this generation continue to age, many will experience the varied health and medical events and issues that often come with age.