Make a Health Care Plan

Published: April 16, 2021

Today, April 16th, is National Healthcare Decisions Day (NHDD). Founded in 2007 by health care attorney Nathan Kottkamp, this day serves to “inspire, educate and empower the public about the importance of advance care planning.” While it is a topic that many prefer not to contemplate, advance health care planning can help ensure the care you receive aligns with your wishes. Advance health care planning can also help make a very difficult time a little easier for family members or others who must determine what the best course of action is for you in a medical emergency.

Our recent webinar on advance health care directives provided an approachable and entertaining introduction to this topic. We were fortunate to have Dr. Mark Lachs, renowned geriatrician and physician-scientist in the field of aging, as well as co-founder of CompassCare, LLC., as our special guest speaker. Dr. Lachs’ presentation was titled “Everything you ever wanted to know about Advance Healthcare Directives but were afraid to ask.”

Our recent webinar on advance health care directives provided an approachable and entertaining introduction to this topic. We were fortunate to have Dr. Mark Lachs, renowned geriatrician and physician-scientist in the field of aging, as well as co-founder of CompassCare, LLC., as our special guest speaker. Dr. Lachs’ presentation was titled “Everything you ever wanted to know about Advance Healthcare Directives but were afraid to ask.”

Dr. Lachs also provided two helpful accompaniments to this presentation:
 

Don’t forget to revisit your plan
As we always caution clients when crafting an investment strategy, it is important to review your plan regularly. Your situation and your preferences change over time, and your feelings about health care treatment when you were 40 may be markedly different when you are in your 50s, 60s, or older. If you do change your directives, don’t forget to keep the appropriate individuals involved and informed.

Here for you
Health care decisions can be difficult and emotional to make, but advance planning can help you and your loved ones prepare for the future. We hope you will turn to us for any assistance you may need.

Important Disclosures

This material is provided for informational or educational purposes only and should not be construed as investment, accounting, tax or legal advice. Always consult a financial, tax and/or legal professional regarding your specific situation. This communication is not intended as a recommendation or as investment advice of any kind. It is not provided in a fiduciary capacity and may not be relied upon for or in connection with the making of investment decisions. Nothing herein constitutes or should be construed as an offering of advisory services or an offer to sell or a solicitation to buy any securities or a recommendation to invest in any specific investment strategy. Investing involves risk, including the possible loss of principal. Past performance is not indicative of future returns. The views expressed herein are as of a particular point in time and are subject to change without notice. The information and opinions presented herein are general in nature and have been obtained from, or are based on, sources believed by Klingenstein Fields Advisors (“KF Advisors’) to be reliable, but KF Advisors makes no representation as to their accuracy or completeness. Although the information provided is carefully reviewed, KF Advisors cannot be held responsible for any direct or incidental loss resulting from applying any of the information provided. KF Advisors represents two investment advisers registered with the Securities and Exchange Commission: Klingenstein, Fields & Co., L.P. and KF Group, LP. If you are a KF Advisors client, please remember that it remains your responsibility to advise KF Advisors, in writing, if there are any changes in your personal/financial situation or investment objectives for the purpose of reviewing/evaluating/revising our previous recommendations and/or services, or if you would like to impose, add, or to modify any reasonable restrictions to our investment advisory services.