Thursday, May 15, 2014

Aging Parents Checklist

Lynn A. Dean
Estate Planning Attorney
The Mayo Clinic offers 7 warning signs of health problems with aging parents. In addition, they have compiled some suggested actions you can take.  I would add that you also determine if your loved one has created documents that allow for medical decisions to be made before they are no longer able to make those decisions for themselves.  Do they have a financial power of attorney?  This identifies someone who can act on their behalf to sign documents.  These two legal documents are critical and cannot be created after someone loses capacity.  There are solutions for that too, but they are costly and timely.  Having these documents on hand long before they are needed is insurance for not having to make complex decisions under anxious conditions. Lastly, if there are powers of attorney documents, know where they are located!     

The Law Office of Lynn A. Dean offers a comprehensive portfolio of Elder Law services, including the legal issues that may arise with a person’s advanced age.

An Elder Law Attorney can:
  •  Create documents that allow for medical decisions to be made for a person who is no longer able to make those decisions for themselves.
  •  Protect the rights of those who suffer from mental incapacity.
  • Evaluate a family’s financial resources when one spouse (or parent) must move out of the home into an assisted living or skilled nursing facility. 
  • Facilitate the transfer of estate assets in cases where a Will, Trust, or other legal documentation is not available.

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