Fed Financial
Checklist for elderly parents that are not planning for emergency situations - living will, financial, etc.?
My dad is a private person. I do not know if he has a living will, his SS#, insurance information, where he would like to be buried, where he banks, if he has debt, etc. We have a good relationship, yet he is not planning for the future. He recently had a serious accident and this could be a good time to broach this uncomfortable subject. Please recommend a concise resource to find a "checklist" of items he needs to address in planning for emergencies or his passing. I love my dad and want to do everything I can to ensure his wishes are fullfilled. Thanks!
Public Comments
- Well if their not planing then why do they need a check list lol
- Please sit down with them and get them to talk. Has your Mother already passed? I do Estate Planning so I realize most people put this off but just be matter of fact about it. 1)Durable Powers of Attorney for Asset Management 2) Durable POA for Health Care 3) Living Will 4) Will or Living Trust I'd recommend a trust if your Dad owns a home or other assets since it avoids probate 5) A list of assets and where and what they are 6) List of his final wishes people to contact etc. Hope this helps
