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- 11. April 2008: If You Have Teenagers You Need A Reasonable Lawyer.
- 11. April 2008: Wills, Medical Directives, Financial POA's are Affordable With a Reasonable Lawyer
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Wills, Medical Directives, Financial POA’s are Affordable With a Reasonable Lawyer
Baby Boomers are taking care of their aging parents and are preparing for the time when their parents are gone. Or are they? This question needs to be answered for the millions of boomers who face the inevitable and need to know if all necessary preparation as been completed. This is a very sensitive and sometimes complex issue to discuss but absolutely necessary. If all the necessary documents are not in place before the need for difficult decisions occur, stress, confusion and costly errors are at stake. Cost should not delay this process especially when a reasonable lawyer can put you at ease. Medical directives are essential so loved ones are not guessing what choices their parents would make if they were able to. This resolves a burden no child no matter what age should have to undertake. A will or trust is absolutely essential so assets are protected and stay with the family and not given away to the government due to poor or no prior planning. This is all common sense but many people ignore this necessary planning because noone wants to think about our parents leaving us. A Power of Attorney for when a parent can no longer make decisions for their finances is another necessary document. This puts all decisions of a financial nature into the hands of who your parent trusts and feels comfortable handling their affairs, when they may become incapacitated. All of these forms should be part of planning for retirement and beyond. People are living longer and longer but this should never be a reason to put off this planning. Wills and trusts are needed as soon as one accumulates assets and has a family they always want to take care of. Other documents are needed as we move towards middle age and beyond, however the earlier the better. Accidents happen and difficult decisions may be necessary long before one reaches old age. Consult a reasonable lawyer who can give you advice affordable for everyone. Prepare these documents with a competent reasonable lawyer and rest at ease when you know you are prepared for your family or your parents future.