A recent article from Northwestern Mutual says otherwise.
An astonishing 69% of people have not planned and NEVER ASKED the people they expect to provide care for them … those family members who will provide care for loved ones don’t know what is coming!
If they do not know what you want, or that you want THEM to be a part of the decisions, things WILL NOT GO AS YOU HOPE!
Don’t keep your wishes a secret!
Have the conversation with your loved ones about how you want to be treated, and how you want to be cared for as you age. “Hoping” is not a plan. “Thinking” about doing something is not a plan.
Take steps today to PLAN. What should you set up first?
You should have Financial Powers of Attorney planned, completed, and recorded with your county (yes, I know, recording isn’t required anymore … do it anyway). These powers allow someone to help make decisions for you when you cannot. For example, paying your bills, making sure your living accommodations are taken care of, and keeping current with taxes.
Does it matter?
You bet! I had a client a couple of years ago who stopped her auto-withdrawal from the bank for her mortgage. She suffered from dementia and didn’t trust the bank and thought they were stealing from her.
Guess what? You probably know … her house was foreclosed on, and she died alone in a nursing home.
What about Medical decisions?
Same thing … you need a Medical Power of Attorney to be sure that someone can make medical decisions when you cannot. For example, if you have a stroke and need care, what are your planned wishes for care? No one will know if you can’t speak for yourself. Proper Medical Documents allow us to help you put your thoughts into writing, so you can speak through your agent.
Don’t delay! Life can change in an instant!
Do you drive a car? Then, you are at risk of an accident every minute!
Do you walk around your house or apartment? Then, you can trip and fall!
I have clients for whom both have happened, with tragic results.
Come see us!
Make the plans. Powers of Attorney, and Wills and/or trusts. Then, have the conversation with your family!
We can help with all your needs, including protecting your children!!
Call today! 919-883-2800
Or, schedule a session with us.
No, I’m not kidding, do not wait another minute! Call 919-883-2800 right now.