Estate Planning is essential as a person's age rises and their health deteriorates, so that the home and others assets can be preserved for the surviving spouse and family. Most of us will eventually have health issues such as strokes, heart attacks, cancer, or Alzheimer's that result in the need for long-term care in the home or a nursing home. As in any part of life those that are prepared and have a plan are best suited to come out the best.

In the United States a male can expect to live to an average age of 75 while a female will live five years more on the average. With health issues like high blood pressure and diabetes a person might become ill and need long-term care even sooner.

Most of us want to maintain control of our estate as long as possible. To do so it's important to have a strategy when going into the last years of our lives. A person should not wait any longer that age 70 to come up with a plan to preserve his or her assets. Senior Moments Consulting can discuss the issues at hand and help you come up with a plan that meets your needs.

For those who fail to plan, it is not too late to do damage control at any point in the process. For those going into a nursing home or those already there, there are ways to avoid the pay down process and preserve assets for your spouse while at the same time having resources to pay for such things as co- pays, sitters and other costs that Medicaid and Medicare will not pay.

Going through a Medicaid application can be a grueling process for the spouse or family. Many times families become discouraged at the time involved and the requirements for getting qualified, knowing the time could be better spent with their loved one. It's not unusual for families to have to make several attempts at the application process when they are unsure what is needed. Medicaid will not show you how to preserve you assets either. Senior Moments Consulting will show you how to do get through the Medicaid process as quickly while preserving as much of your assets as possible.

Senior Moments Consulting also specializes in the establishment of Trusts, Estate & Trust Tax Returns, and provides Executor and Trustee Services.

Proudly Serving all of Alabama.

Dan Cobb has spent his life helping people. His degree in accounting from the University of Alabama helps him understand the financial issues of getting older. He has worked with families the past three years establishing Special Needs Trusts with Alabama Family Trust, Inc. While at the non-profit he assisted in the establishment and administration of trust and prepared over 400 941 (trust & estate) tax returns per year. In June, 2011 he created Senior Moments Consulting to help seniors do Estate, Medicaid and VA Planning. For over 30 years he has serve in the ministry and presently is a bi-vocational pastor at Mountain Path Methodist Church in Blount County.