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or civil unions that are granted at the state level (National Conference of State Legislatures, 2013), and only 13 states (including California) grant marriage licences to same-sex couples. LGBT couples who are not legally married must take time and often considerable expense to put legal instruments into place. Such legal instruments become increasingly important as we age. We asked participants whether they have any future planning items in place. Power of attorney for healthcare About twothirds (61%) of LGBT participants have a durable power of attorney for health care, which designates another adult to make health care decisions should one become incapacitated. Lesbians (72%) are more likely than gay men (60%) to have a power of attorney for healthcare. Wills About half (53%) of LGBT participants have executed a will. Bisexual participants (12%) are significantly less likely to have wills than lesbian and gay adults (55%). Power of attorney for finance A power of attorney for finance allows an individual to designate someone to manage their finances should they become unable. About a third of LGBT participants (30%) have such an instrument in place. Lesbians (38%) are more likely than gay men (29%) to have a power of attorney for finance. Revocable/irrevocable trust Revocable and irrevocable trusts are a mechanism by which assets are protected and distributed after an individual's death, based on the wishes and guidelines put in place by the person establishing the trust. About one-third (29%) of LGBT participants have such a trust in place. Lesbians (38%) are more likely to have a trust than gay men (28%). Other future planning About one in four LGBT participants (23%) has already made funeral plans and about one in six (16%) participants have long-term care insurance. Slightly more than one in ten (11%) have made arrangements for a charitable legacy gift. Less than one in ten (8%) have an informal caregiving arrangement in place. Further analysis showed that there are no significant differences by sexual orientation and gender identity for these other types of future planning. 29

Profile for SAGE

Addressing the Needs of LGBT Older Adults in San Francisco: Recommendations for the Future  

This report examines results of a survey of more than 600 LGBT older adults in San Francisco in 2013.

Addressing the Needs of LGBT Older Adults in San Francisco: Recommendations for the Future  

This report examines results of a survey of more than 600 LGBT older adults in San Francisco in 2013.

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