Many people dislike planning for their deaths or other negative situations that may arise over the course of a lifetime. However, it is important to plan for major changes that can occur to anyone under certain conditions, especially as we age. While family members remain healthy and objective about long-term decision making, plan a legal conversation about the following three important issues that impact countless Americans each year.
Power Of Attorney
A power of attorney, or POA, names a trusted relative or friend to conduct the business, personal, or medical issues of someone who may be unable or unwilling to do so. One common reason is medical problems, and another is extended travel or business. Medical, financial, and personal decisions are thus handled by the appointed representative. A POA is revocable if the issuer returns to good health or decides to resume personal responsibilities rather than delegating them to another person. Family members should know who the designated POA will be in advance.
A living will provides directives for the care of someone unable to make personal decisions. Similar to a power of attorney, a designated appointee will conduct the living will provisions if the initiator cannot do so because of a comatose condition or medical situation wherein he or she is not legally capable of doing so. The living will may also stipulate whether and how long to prolong an individual’s medical life support, and under what conditions. Everyone should know who the designated person is to oversee the living will if needed.
Last Will And Testament
A last will is a legal document describing the final disposition of a deceased person’s assets. Typically, this includes paying all debts. Funeral and burial or cremation plans should be indicated. Bequests of personal assets, including money, real estate, or possessions, are also included. For complex situations, it is often helpful to consult a professional organization, like Home State Bank, for helpful information about wills.
These discussions, while difficult, can alleviate confusion when the time for action comes. When negotiations are planned in advance, everyone knows what to expect in the event of a medical crisis or death. Thus, although difficult in the best of times, implementing the appropriate documents outlining the person’s wishes will ensure a smooth process. The documents are fairly easy to prepare, especially with the help of a family law attorney.
Author Bio: Emma Sturgis is a freelance writer living in Boston, MA. When not writing, she enjoys reading and indoor rock climbing. Find her on Google +