As you plan for your future, there are steps you can take to make life easier for yourself and your loved ones. Here are a few to consider:
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| Do you have a financial power of attorney? If so, is it broad enough to address issues such as retirement accounts, stocks, and other matters? Is it stale (old)? Are your agent designations current? |
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| Do you have a Health Care Advance Directive and, if so, are the agent designations current? |
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| Do you have a Will? (Everyone should have a Will, even if it simply pours assets over into a Trust) |
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| Have you prepared written instructions such as a letter, listing will receive specific items of personal property, where financial papers, assets, debt papers and other important items can be found? |
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| If you have not prepared written instructions, have your wishes been expressed verbally in sufficient detail? |
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| Do you have adequate health insurance, including a Medi-Gap policy? |
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| If Long-Term Care is necessary, is there a plan regarding how you will pay for it? Do you have long-term care insurance? Do you know how to qualify for Medicaid? |
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| If you own real estate in more than one State, have plans been made to eliminate ancillary probate in your non-resident State? |
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| Have you left sufficient liquid assets to provide for your spouse and any other dependents? Do you have enough life insurance? |
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| Have you either expressed your wishes concerning funeral arrangements or purchased a pre-paid funeral contract? |
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| Are there any minor children, disabled children or other special needs dependents you need to provide for? If so, has planning been done? |
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| Are your living arrangements satisfactory and safe? |
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| Is there a contingency plan regarding where you will live if your housing/living/health needs change? |
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| Is your lifestyle consistent with your financial resources? |
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| Has anything been done to protect you from fraud and abuse? |
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| Have you consulted with an Elder Law Attorney? |
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