THE COST OF LIVING —
AND THE COST OF PASSING

Benjamin Franklin who passed away in 1790 at the age of 84, when the average age was 35, said, “Nothing is certain except death and taxes.” Taxes are predictable. Death is inevitable. The real question is not whether we will die — but how we prepare while we are alive.

Today I visited the Jewish Home in San Francisco to see the husband of a dear friend. He has exhausted his savings paying for his partner’s care. Their home has plenty of equity, but without proper planning, accessing it is complicated. We were arranging the documents necessary to refinance and to use that equity to continue his care.

I’ve seen this before. A 99-year-old client was able to stay in care for two more years because we secured a Reverse Mortgage in time. The cost of dying can be overwhelming. Planning ahead — with a trust, proper powers of attorney, and financial strategy — can protect your family and avoid crisis. Think ahead. Not about death — but about peace of mind.

If you have questions about planning or mortgage options, call me directly at (415) 225-7920 or message me at mannykagan@comcast.net

I just finished working on my new book “How to enjoy comfortable aging.” It is going to be ready in about a month.

Meanwhile, enjoy and share three images from the book…