It’s impossible to predict the future but we can certainly prepare for it. Getting married, having children, and buying a home, are all things people prepare for. As we age, getting personal affairs in order becomes important. It may seem like a stressful task but imagine what it would be like for your family if you don’t! Here are some things to know about the process.
Getting your personal affairs in order simply means legally arranging finances, property, and personal & medical information so that your trusted family and friends can handle your estate and affairs in the event you can’t.
Your list of finances will include your bank account numbers, investment information, retirement accounts, and insurance policies. Also, list any debts you owe, from credit cards to car payments to other bills, and tax-related documents & data. There are many types of legal documents that’ll help you plan how your affairs will be handled in the future. Many of these documents have similar-sounding names, so make sure you are getting the correct documents. State laws vary, so find out about the rules, requirements, and forms used in your state.
Have a place to keep your documents, like a fireproof safe. If you choose a bank safe deposit box, keep copies of the documents at home. The location of the key should be known to your lawyer or trusted family. Refresh the list of your documents if there’s anything new to add. You’ll want to tell your trusted person(s) where they can find those important papers.
Plan to discuss end-of-life preferences with your doctor. They will explain any health decisions you may have to make and the available treatment options. Also, give permission in advance for your doctor or lawyer to talk with your caregiver as needed. They might have questions about your care, a bill, or a health insurance claim and without consent, your caregiver won’t be given information.
Save time, don’t miss anything, share your documents and information at the right time with the right people, and ensure yourself peace of mind.
Reformed Church Home offers a home-like environment. If you’d like to learn more, call, visit, or explore our website to learn more about the quality of life at our senior living community in Old Bridge, NJ!