12/26/2012

An organized plan, an emphasis on annuities, transparency to prevent elder abuse and flexibility are the hallmarks of financial planning for the chronically ill, writes James Sullivan, a financial planner who specializes in working with individuals with chronic illnesses. "All of these factors are part of any good financial plan but take on added urgency for ill or cognitively impaired clients, their families, and their caregivers," Sullivan writes.

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