While it is cliché, it is true that “No man is an island.” We are all part of a complex web of mutual support. When we are born, we depend upon our parents, family and doctors for our care and survival. As we age, that network expands to include teachers, coaches, family friends, and religious leaders. Eventually, we provide support to the people around us starting with our family and expanding to friends, co-workers, and neighbors.
We support others and are supported in turn. This is a good thing. This concept is a central part of estate and long-term care planning. We need to identify our support network including family, investment planners, tax planners, bankers, doctors, and attorneys. Once our support team is identified, we can work together to build the best plan possible to accomplish our long-term goals.
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