As the New Year begins, life can be unexpected, and one year can be completely different than the last. Which is why, now is a perfect time to access your lifetime and estate planning goals. Do you have a plan in place? And if so, is it current with any changes that may have occurred in your life? Reviewing and revising your plan to reflect your overall objectives, will ultimately benefit both you and your loved ones.
When taking steps towards proper Lifetime Planning, consider these essential documents:
Living Will and Powers of Attorney
Any complete estate plan will incorporate a living will, healthcare power of attorney, and durable power of attorney. A living will is a document detailing your medical wishes should you become incapacitated. A health care power of attorney is someone you designate to make medical decisions on your behalf if you are unable to do so. A durable power of attorney is someone who handles your financial affairs when you no longer can. When establishing these documents, it is important to choose someone who is trustworthy and will provide an unbiased approach when dealing with family members on your behalf.
Life Insurance
Life insurance is traditionally used to provide a death benefit to heirs. However, it can also provide financial benefits during your lifetime, the cash value in the policy can be utilized to pay off debt, cover education costs, and provide supplemental income in retirement.
Long-Term Care Insurance
Long-Term Care covers a wide variety of services including: in-home care, assisted living facilities, nursing homes, care coordination and adult day care. Preparing yourself earlier on with long-term care insurance will give you confidence that you will be financially secured to receive the care you deserve if or when the time comes that you need it.
Disability Insurance
Disability insurance will replace a portion of your salary in the event you are unable to work due to a chronic illness or injury. This type of insurance coverage helps ensure that you and your loved ones will have the financial resources to cover everyday living expenses.

It is so important to take the time to document your intentions regarding your financial and physical well-being to ensure that whatever life may throw your way, you and your family will be taken care of.
Face your future with confidence by planning ahead
DISCLOSURE
The information contained herein is general in nature, has been obtained from various sources believed to be reliable and is subject to changes in the Internal Revenue Code, as well as other areas of law. This material is for informational purposes only and should not be construed as a solicitation of any particular insurance product or insurance carrier. Insurance is sold through Oppenheimer Life Agency, Ltd. (OLA), an indirect wholly owned subsidiary of Oppenheimer Holdings. Before purchasing a policy of insurance, please review both the insurance carrier and the insurance policy carefully before investing. A strategic alliance exists between OLA and various outside providers whereby products and services may be utilized. Such providers may receive compensation as a result of the strategic alliance. However, the firms are completely independent of each other. This material is not a recommendation as defined in Regulation Best Interest adopted by the Securities and Exchange Commission. It is provided to you after you have received Form CRS, Regulation Best Interest disclosure and other materials. Oppenheimer & Co. Inc. Transacts Business on all Principal Exchanges and Member SIPC. 5396500.1