Elderly Relative – making the right choice

Steve & Marcia’s Story

Ensemble wealth management firm, Kipp Financial Group can use their KFG Financial Freedom Experience program to help fulfill a family’s most challenging obligation – the one to support the needs of an elderly parent.

Marcia and Steve, both hard working managers in their late 40’s, like many of us, weren’t ready for the diagnosis.  Steve’s elderly father was exhibiting signs of Alzheimer’s and was getting worse.  They were troubled with moving Steve’s dad to a nursing home, even more difficult, Steve’s Dad lived 2000 miles away in another state.

What were the financial issues of his care? Even with their available assets, Steve and Marcia were concerned about the financial ramifications of long term care and if they could handle it.  Kipp Financial Group can help with their concerns.  A KFG program revolves around your life, not just around your money.  You and your family are the single most important asset in life.  KFG askes – does Steve’s Dad need to be in a nursing home?


With the help of KFG...

Marcia and Steve could be given a plan to help them work with the inevitable progression of his Dad’s illness.  As long as he was monitored and with the right plan, Steve’s happily independent Dad may be able continue living in his own home.

An advocate could be assigned to report Steve’s Dad’s condition regularly, to help with the medication and bring him to the physician for appointments.  As the progression continues Marcia and Steve can have a clear blueprint to help them to maintain and ongoing care, with potentially less sacrifice to their life than they may have anticipated.

Are you prepared to care for an aging parent?  What does it take to be prepared?  With longer life comes greater responsibilities. 

As life changes happen, what and how do you extend your happiness along with your financial reach and resources?

These are the questions examined and taken into consideration by Kipp Financial Group with the KFG Financial Freedom Experience program on an everyday basis for our clients.  Our ensemble wealth management firm has the experts that can address any and all of the life concerns you may have.  KFG is much more than just financial advisors – we want to build a relationship that is for the long term. 

 

*The story presented represents a hypothetical situation and Kipp Financial Group (KFG) proposed solutions. This is intended to illustrate the different Services provided by Kipp Financial Group and is not meant to guarantee that a client's needs or objectives will be met.

    


Registered Representatives offer securities through NPB Financial Group, LLC. Member FINRA, MSRB and SIPC.
Advisory services offered through Kipp Financial Group (KFG) a Registered Investment Advisor.
KFG and NPB are separate and unrelated companies.