In general, Americans are very uncomfortable talking about end-of-life issues. It can be hard for people to think about (and plan for) their own death, let alone the death of their loved ones. I get it.
Yet by not discussing these issues, you are leaving your future caregivers (most often your adult children) in an impossible position. Many people are taken completely off-guard when their loved ones start to decline.
Because we don’t discuss these issues ahead of time, caregivers are often left unprepared for the life changes they are about to experience. Depending on the speed and amount of decline, a caregiver might have to dedicate a significant portion of their life to the growing needs of their loved one.
Simple legal planning can help to avoid these issues. You can pave the way now, so that life is easier when incapacity, disability, or ultimately death occurs. Here are a few key ways to prepare:
- Have “the talk.” It doesn’t matter if you are the impending caregiver or the person who will need care, you should make time to sit down and talk. This should happen way before an elderly person starts experiencing memory loss, so the sooner the better! You’ll need to discuss the individual’s wants, needs, health issues, financial resources, and preferences for the amount of medical intervention you/they want at the end.
- Have legal documents prepared. Work with an estate planning attorney in Minnesota to prepare important legal, financial, and healthcare documents – and keep them updated! Do this immediately if the individual is showing signs of increasing health issues. If you wait until the person is showing signs of mental decline, they could be declared incompetent to make their own decisions and it will be too late for them to sign any new documents.
- Review financial information. Be sure you review the individual’s financial statements and understand their income and expenses. Knowing how to access this information will be critical to handling their affairs if they are unable.
- Research care options. Review the options and determine what living situations the elder person is comfortable with in advance. Determine their preferences for hospital, rehabilitation, nursing home, assisted living, and/or independent living communities as well as options for memory care, home care, and even hospice.
Having these discussions in advance are uncomfortable, but knowing this information will save more stress and heartache than you can imagine. For additional information on how to prepare for end-of-life transitions, contact our Monticello estate and elder law firm at 763-244-2949.