The Grand Strand senior care providers know that when you’re a family caregiver, there may be times when you will be called to make legal, financial, and medical decisions on behalf of your senior loved one. Having the right legal documents on hand will help prevent any unexpected roadblocks during an already stressful situation. Following are three essential documents every family caregiver should have on file.
1. Advanced Directive
An advanced healthcare directive is a legal document that allows your loved one to tell family members and healthcare providers what types of medical he or she does and does not want. The directive only goes into effect if your loved one becomes unable to make decisions for him or herself. The document can also stipulate end-of-life interventions that your loved one wishes to receive and help eliminate family disagreements over the appropriate medical actions to take.
2. Durable Powers of Attorney
A durable power of attorney gives your loved one the opportunity to appoint someone to act on his or her behalf in the event that he or she is mentally or physically unable to act on his or her own. A power of attorney for healthcare allows you to make medical decisions for your loved one that are consistent with his or her desires outlined in the document. A financial power of attorney gives you access to your loved one’s various accounts and the authority to conduct transactions for your loved one, including paying bills, filing taxes, and buying or selling property.
3. A Will
Wills are never a pleasant subject to think about, however, they are a vital legal document for any family caregiver. A will allows your loved one to outline how he or she wants his or her property to be distributed upon his or her passing and can prevent potential family squabbles. When used in conjunction with other estate planning techniques, a will can also help minimize the tax consequences of transferring property.
It can be challenging getting these documents together if you are a full-time live-in caregiver. With help from Home Care Assistance, you can hire a reliable respite caregiver in The Grand Strand to look after your loved one while you take time to handle your loved one’s affairs or even take some time for yourself to relax. Learn more about our flexible live-in, hourly, and respite care when you call (843) 353-3105 today.