Taking Care of Our Parents
All of us who are the adult children of elderly parents want to do all we can to help them enjoy life to the fullest. However, we must face the hard fact that serious illness can be part of aging – and we may need to become their advocates in order to see that their wishes for their finances and health care are carried out.
To help us understand the legal documents vital to ensuring that our parents’ wishes are honored, read “If Your Parents Become Incapacitated” in Kiplinger’s Personal Finance. The online article lists three essential documents your parents should complete before they become ill, and explains why a living will, a health care proxy and durable powers of attorney for both finances and health care are important to both parents and their children.
To further help with planning, you and your parents can attend one of our free seminars on Advance Care Planning and Estate Planning. Our presenter will guide you through the documentation process, because the best time to plan for the future is now.