Local Eldercare Specialist
a Guest on 'Today Show'
Barbara H. Hance, president of Barbara H. Hance Associates, Farmington,
was a guest on the NBC "Today Show" recently. She was
interviewed by host Matt Lauer as part of a weeklong focus on eldercare
Speaking on the aging process and finances, Hance
discussed the importance of conversations between adult children
and their aging parents in advance of a catastrophic event.
"This is a very difficult subject,"
said Hance. "because it forces older people to face their
own mortality and potential loss of autonomy."
"Timing is everything. I don't suggest that
these issues be discussed at Thanksgiving Dinner. I recommend
that adult children choose a time when a specific event, for example,
something in a newspaper article or a neighbor's problems bring
the subject to the forefront."
Hance told viewers that there are a number of
things that adult children should know and have copies of for
future reference. These include: insurance policies and contract
numbers, Social Security numbers, wills and living wills, powers
of attorney, information on any trusts, deeds to property, income
sources, expenses and burial plans.
These are all crucial when forming a financial
strategy for elders' future care needs, she said.
As NBC Host Matt Lauer put it, "In times
of crisis, you don't want to have to scavange through the house
looking for documents."
Hance is a paralegal and has been a local eldercare
and lifecare specialist for more than 10 years. She is a resident
of Farmington Woods, Avon.