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Estate Planning Before Needing Live-in Care

Added on June 15, 2015 by Jared_Rodgers

Estate Planning Before Needing Live-in Care

My mother recently called me seeking help with updating her and my father's wills. Of course I agreed and was more than happy to help my parents review their wills. Since I was told that I would eventually become the executor of their estate, planning ahead would benefit both my parents and me.

Most of my experience is in providing live-in care services to the elderly and very little on the side of estate planning. I was very curious to go through the estate planning process myself, so this was the perfect opportunity for that experience.

As my mother and I continued to speak, I asked if she had in addition to the will a power of attorney (POA) and an advance directive, also known as a living will. She was not sure - which I knew most likely meant they did not have all the essential documents necessary. I suggested that the three of us meet with the attorney that originally drafted their will back in the '80s to ensure that we have everything we need. They both agreed.

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