When an elderly parent becomes incapacitated or terminally ill, the management of the parent’s financial and medical affairs often falls to one of the children. By having the proper legal documents in place, you can help ensure that this process goes smoothly. They help to keep an already difficult situation from becoming much worse because of legal hassles. Following are four key documents you should have in place before your parent falls ill. Your elder law attorney’s guidance is crucial; he or she can ensure that these documents are properly created to withstand legal challenges.<\/p>\n
Durable power of attorney:<\/strong> Using this document, an individual (like your parent) grants another (like you) the legal authority to manage his or her financial affairs. Unlike a regular power of attorney, a durable power of attorney remains in effect if the grantor becomes incapacitated.<\/p>\n Health care proxy:<\/strong> This document grants a person the authority to make medical (more…)<\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":" When an elderly parent becomes incapacitated or terminally ill, the management of the parent’s financial and medical affairs often falls to one of the children. By having the proper legal documents in place, you can help ensure that this process…<\/span><\/p>\n