Strategic Eldercare Financial Planning: Long-Term Care, Asset Protection, and Estate Transition

The hardest financial questions in eldercare arrive years before a crisis: how to pay for possible long-term care, how to balance current quality of life with future protection, and how to plan an estate transition that does not damage the family. This applied course addresses those long-term strategic questions. By the end of this course you will be able to project long-term care costs and funding sources, compare strategies such as self-funding, long-term care insurance, and Medicaid planning, design an estate transition plan that supports your parent's intent, and coordinate decisions across siblings without losing sight of the parent's wishes. What you will learn: - How to project potential long-term care costs by region and care setting - The strengths and weaknesses of self-funding, long-term care insurance, hybrid life policies, and Medicaid planning - How Medicaid lookback periods, asset transfers, and protected resources actually work - How to use trusts strategically without overengineering the plan - How to structure gifts and family support to honor your parent's intent without creating tax surprises - How to coordinate inheritance expectations across siblings before, not after, the parent's death - How to integrate your own retirement planning with possible eldercare contributions The course is structured around six applied modules. Each produces a written artifact: a care cost projection, a funding strategy comparison, an estate transition outline, a sibling alignment document, a parent-intent summary, and a personal financial coordination plan. This course is written for adult children whose parents are aging but not yet in crisis. By the end you will move from reacting to events to running a structured plan that protects your parent's options, your own financial future, and the family relationships that all of this can otherwise strain.