Planning Ahead as you age is important in managing your affairs. It helps make sure that what you want is carried out by your doctors and your family members. Planning Ahead properly makes it easier for your family to handle your estate after your death.
These are some questions to think about:
- Who will make medical and financial decisions for you if you can no longer make decisions for yourself?
- What if you have to go to a nursing home?
- How do you make sure your property gets to your heirs after you die?
There are a few legal documents you can do yourself to help with end-of-life planning. At a minimum, you should have a Health Care Directive that appoints someone you trust to make medical decisions for you if you become incapacitated.
Depending on your situation, you also may need a Power of Attorney, a Will, or a Transfer on Death Deed.