It is the call we all know will come one day. One or both of our parents have fallen seriously ill. Of course, our first reaction is a concern. But, after the shocking moment has passed, we wonder “what do I do now?” If your parents have done effective legacy wealth planning, they would have some or all of seven elements that would ease your path. First, a Health Care Power of Attorney (sometimes referred to as a Health Care Directive, Living Will, or Health Care Proxy) will designate … [Read more...]
When Father Time Catches Up With Our Parents
We all expect it to happen eventually—our parents getting older. Not just older chronologically, but physically and mentally older as well. It’s a difficult and sometimes painful process to realize that our parents are in fact aging. With each passing year, your parents, too, maybe showing more obvious signs of time gone by. Even the spryest of spry eventually start to slow down and need more help than they did before. Sometimes it happens slowly, and you have time to adjust to your new … [Read more...]
