Have You Prepared A Durable Power Of Attorney?.

L

Lon

Well-known Member
Location
Central California
This is a most important legal document particularly for seniors. You can have a POA that will cover both medical and financial decisions.
 

No.......and I don't intend to for a very long time.
fortunately, I trust my children, and they know exactly what is going on.
 
Vivjen said:
No.......and I don't intend to for a very long time.
fortunately, I trust my children, and they know exactly what is going on.
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I don't understand your objection. Trusting your children is exactly why a Durable Power of Attorney would make sense for you.You could select the most competent of your adult children to be the Agent for your POA.
 
Lon said:
This is a most important legal document particularly for seniors. You can have a POA that will cover both medical and financial decisions.
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I highly agree, I've worked with hospice patients and seen what can happen when one isn't in place. Not pretty no matter how loving and congenial and calm all was up to final stages.
 
I don't object......I just don't see the need at this time.
i don't need the medical one....
 
Vivjen said:
I don't object......I just don't see the need at this time.
i don't need the medical one....
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I get where you are coming from. I also just remember now remembered, one pair of my nieces and nephews no longer speak because of their falling out over one of my sisters not making stipulations about how things should be handled and these two were very close. more than 10 years now and still the two are estranged, very sad to see this. They are very stubborn and just can't seem to get over how things went during and after the funeral, the loss was more devastating for my nephew I think, he felt his sister didn't honor his mother properly in a number of ways. Her husband had passed on a couple of years prior, so it was left to her adult kids to handle matters.

Not something any of us want to have to deal with, but, none know when the time will be, best to just get the paperwork out of the way if possible. Still everyone must handle these things at their own pace and time and when they feel comfortable doing so. No judgement, just cautionary tails.
 
Vivjen said:
I get where you are coming from,; all of you....don't be too hard on me...
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Oh no, Viv, that's what I was saying in the end, we all have to deal with this in the way we feel most comfortable and that, I was just letting it be known what not acting may lead to in some situations. But no one should ever feel pressured to do anything if they aren't feeling up to acting on it in the immediate. :)
 
Here in England we don't need to worry about medical bills, as there aren't any, and we would only need POA if we become too gaga to manage things.Everyone should have a will though, and we do.
 
Yes, I have a Will, durable POA, and also a Living Will. I also make sure a few selected people have my attorney’s name/number, name of bank, whether you have a safe deposit box, and life insurance company name and phone number. It's also a good idea to let attorney and landlord know who - if anyone - is permitted to enter your home/apartment in case of emergency or death.

What AprilT says is so true. I know of people in my own immediate family who have not spoken in over 30 yrs because of estate shenanigans, evasions, and deception.

For those still employed, it’s worth a trip to HR to look/check that all benefit documents are signed and up to date. My oldest brother didn’t do this and it caused a mess when he died suddenly at age 48 (HR was at fault imo).

One should never, ever assume that family members will 'do the right thing" when the time comes. Lots of people tend to think they are experts regarding estate matters and when it comes down to it thye don't know squat.

There is no guarantee that any of us will wake up tomorrow morning.
 
POA and or Living Will, and A will is my suggestion. If you are in an accident, have a heart attack become incapacitated to a very large degree, how do you want things handled, do you want to be on, resuscitated, kept in a catatonic state on life support? We don't think about these things, but they happen more than you can imagine, I've seen what happens when people do and don't have these things in place, not saying they always go smoothly when you do have a DNR or other order in place, but more often than not it's helpful, at least here in the states, I don't know how things work overseas.
 
Yes I did and just in the nick of time, because my wife had become very symptomatic by then. It's been a very important document because I've had to wrap up a complicated business that was entirely in her name. I don't know how many time I've written POA after my name but it's been a lot.
 
Josiah said:
Yes I did and just in the nick of time, because my wife had become very symptomatic by then. It's been a very important document because I've had to wrap up a complicated business that was entirely in her name. I don't know how many time I've written POA after my name but it's been a lot.
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Same here in the case of one of my sisters years ago when I was handling all of her affairs and caring for her children when she was ahead in her illness. Not an easy situation.
 
I held POA for my mother and her unmarried sister. That document made it possible for me to manage their affairs. Privacy laws these days mean that companies/organisations are very reluctant to deal with you without one. You need to carry certified copies with you so that they can place a copy in their files.

Hubby and I have arranged our affairs in such a way that we are each others POA for now but our daughter is also nominated so that she can step in when neither of us are competent any longer. She also has medical guardianship and as a nurse I know that she will make the right decisions for our end of life care. Our wills have both our daughter and our son as executors. This dual responsibility worked well for my sister and I when our mother died. It ensures that agreement is reached and also because there is the real possibility that a parent may outlive a child, two executors make good sense.
 
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