Planning for the future can be hard, particularly when facing topics like long term care or what happens after you are gone. This leads many elderly Americans to put off planning for the future and taking a wait and see approach. There is a serious problem with taking this path. If you have not carefully planned for the future then you can end up causing long term financial harm to your loved ones. Don’t wait to see the assets you worked your life for drained away in medical care, plan ahead.