Caring for an incapacitated senior can be overwhelming. Aside from their medical needs, you also need to consider the legalities of what’s happening and what would happen in the future. These things, if they are not addressed soon enough can certainly cause problems in the future. At this point, you will need a lawyer who specializes in elderly law. To find a lawyer, you could ask for referrals from friends and associations near you.
Legally, your senior needs to address these things: who will manage the senior’s financial affairs as well as medical decisions and personal care. Also, their assets should be assessed so that there will be a clear arrangement of where the money would come from for housing and caring payments. Do take note too that drafting and finalizing of last will should be done at this point and distribution of assets must be placed.
As much as possible, the act of choosing an attorney to handle your legal planning should take place while your senior can still make his or her own decision or still has the ability to do so. This must be determined on a case-by-case basis and ideally with the help of your senior’s doctors and healthcare providers.
Your senior has many options to choose from to manage their assets. This should be discussed with an attorney since each has their own pros and cons thus should have a suitable assigned person to handle the job.
Along with planning and assigning the right people, a financial plan should also be put together since it is one of the most important things needed when acquiring long term care for your senior. It would be best if you could sit down with your senior while he or she still can and assess their financial standing. Examine their insurances, the programs they are currently enrolled and other local support they are entitled to. If in doubt, you can always seek help from a lawyer, a doctor and/or non-government organizations.
If you’re the senior in question, take into consideration some assets you need to protect, like that of your spouse, surely you wouldn’t want to leave your spouse penniless when this most unfortunate time comes. Have a talk with your lawyer what applies to your case and what best to do to be able to protect your spouse in case you get incapacitated and would require longterm care.
Remember that the best way to go forward about this is to find a lawyer. Ask for recommendations from family and friends since a lawyer whose expertise lies on elderly law is quite hard to find.