Search Results for: living will

What is a living will? An explanation of advance medical directives

What is a living will? An explanation of advance medical directives

A living will or advance medical directive is a legal document in which you declare, in the event of a terminal or end-of-life condition, to withhold or withdraw life prolonging measures.

This is important to determine what measures you want (or don’t want) to artificially extend your life. While this is an unpleasant decision to think about, it is more distressing to your loved ones. They will be the ones faced with these decisions. Especially if there is a difference of opinion among them. Of course, your loved ones want to do the “right” thing. However, there is often disagreement about what the “right” course of action is.

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Podcasts for Caregivers: 8 helpful caregiver podcasts

Podcasts for Caregivers: 8 helpful caregiver podcasts

Podcasts for caregivers provide tremendous support. During your caregiving journey, you will have many challenges and questions. A great way to get help and advice is to listen to podcasts for caregivers. And you can even multitask! While you are doing household chores, exercising, or even resting you can access resources or get new ideas to help you.

Since caregivers have limited time, I find podcasts that give quick, actionable tips are best. To support caregivers, I have made a list of some caregiver podcasts that I have found helpful. Moreover, all the podcast hosts have life experiences with the challenges of caregiving. So they know what they are talking about!

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Family Information Binder – What to Include

Family Information Binder – What to Include

A family information binder is one place where you can keep all your important medical, financial, and legal documents.

In case of emergency or just for convenience, having an up-to-date binder will help your loved ones manage your affairs. As Benjamin Franklin said, “For every minute organizing, an hour is earned.” 

You can easily make a family information binder yourself. First, read our post on how to Create A Family Information Binder. Then, get started organizing your information. Keep in mind that there are 15 important things you should include. Continue reading “Family Information Binder – What to Include”

How to choose a health care power of attorney

How to choose a health care power of attorney

A health care power of attorney or health care surrogate is someone you name to make medical decisions on your behalf if you are unable to due to mental or physical incapacity. Depending on your state, the document you create is a health care power of attorney, medical power of attorney, or health care surrogate. You designate a surrogate or agent who will follow your health care wishes. If necessary, they will also follow your living will or advance medical directives.

You want to choose someone close to you that you trust. However, you should think carefully about who is best suited for the task of making tough decisions.

5 questions to ask your power of attorney

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Sandwich Generation Infographic: Statistics and Trends

Sandwich Generation Infographic: Statistics and Trends

This Sandwich Generation infographic courtesy of caringpeopleinc.com shows the latest statistics of those caring for children and aging parents.

Highlights about the Sandwich Generation

  • 44% of people aged 45-55 have at least one parent still living and at least one child under the age of 21.
  • 66% of senior caregivers are women.
  • 15% of people in their middle ages are financially supporting their parents and children.
  • 84% of caregivers have responded that they are happy or very happy in their role as a caregiver.
  • 21% of Hispanics, mostly women, are caregivers for both their parents and children.
  • Caregivers face personal, financial, and emotional stress in their responsibilities as a caregiver.

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How to Create a Family Information Binder

How to Create a Family Information Binder

What is the best way to communicate with family members about your medical, financial, and legal documents and information? Create a Family Information Binder.

When my Florida law practice drafted estate planning documents, we would present our clients with a Legal & Financial Family Information Binder. This was a binder where they could put all their estate planning documents and important financial information in one place.

We called it the “911 Binder,” meaning that when you got a call from the hospital, you had one place to go to for the Health Care Power of Attorney. If you needed to go to a bank, you had the Financial Power of Attorney as well as a list of bank accounts and the key to a safety deposit box.

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Estate planning during a pandemic – documents to consider

Estate planning during a pandemic – documents to consider

As we deal with the challenges of the current Covid-19 crisis it is important to look for ways to protect your family. Many things can happen during this time. You want to prepare for any scenario. Estate planning during a pandemic is helpful in case of any sudden illness or hospitalization.

A comprehensive estate plan covers many of life’s contingencies. A will is important but only comes into play at your death. There are other estate planning documents that help you during life events. For example, a sudden illness or medical emergency.

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Estate planning checklist to jump start your estate planning

Estate planning checklist to jump start your estate planning

Estate planning is critical not only to provide for your loved ones after your death, but also to protect yourself and them while you are alive. If you are suddenly incapacitated, who will take care of your financial, medical, and legal decisions? But how can you put together a comprehensive estate plan? Where do you start? Follow this helpful estate planning checklist to see what to update and what to put on your “to-do” list:

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What is estate planning? Estate planning for newbies

What is estate planning? Estate planning for newbies

Most Americans don’t think estate planning is for them. Common misconceptions about estate planning are that you only need to make an estate plan unless you have a large amount of wealth or dependents to protect.

While is true that estate planning is done primarily when you get married, have kids, and have money saved in the bank, any person over 18 can benefit from estate planning.

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10 estate planning resolutions to make this year

10 estate planning resolutions to make this year

As you ring in the new year, consider some estate planning resolutions to protect and provide for loved ones. After all the surprises of the past year, estate planning is now more important than ever. However estate planning may seem burdensome and scary. What should you do? These 10 estate planning resolutions can help you start a comprehensive estate plan.

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