I do believe in the saying that if you have poor planning on your part, it does not constitute an emergency on your side as well. It is better to be prepared than to regret the day it might come.
Before I am a single person, I was closely connected to my local senior care community because it is my passion to help the people in need particularly the old people. I always make sure I have time to go there and I am frequently reminded of how important it is to have a pre-planning process of ways when the time comes you reached the senior age or for your future senior care.
Whenever I visit the local senior care community before, I can see families who are caught off guard and sometimes be overwhelmed by the bills or payments when the crises occurs especially those families who don’t have pre-planning in place.
That is why I am now here to teach you that having legal documents, financial preparations and senior care options are crucial in everyone’s part so that you can explore it and it can mean the world of difference in your journey when you reach the senior care days. Here are the things you need to know about pre-planning for senior care:
- Have legal pre-planning for senior care process
This is one of the most important process to any senior care plan you are about to face when the time comes. No matter how this journey goes for you and to your loved one or family, at some point, the legal issues will rise and you need to settle it before it is too late. Doctor and hospital visits can become complicated if the proper power of attorney documentation is not in place. Banks and financial institutions will not work with anyone who does not have the legal authority to represent the account holder. You need to settle the following processes:
Attorney – this is for your health care and financial planning. It will allow you to appoint another person to make decisions on your behalf if in case you are unable to make decisions for yourself.
Living Will – it will help you spell out all about healthcare wishes to physicians and family when the time comes.
Senior Care Will – this one declares how you want your estate and possessions to be distributed after your death or the death of your loved one.
- Have financial pre-planning
As you are about to prepare for your retirement period, you also need to plan to pay for senior care which is another subject in the whole pre-planning process. Take the time to understand the following government programs that may be able to help pay for the cost of senior care. You can research online for the government programs that can be applied in your situation.
That all being said, sometimes the best laid plans may not work out the way they were intended, but knowing that plans are in place should a crises arise is worth the time and energy of planning for the future. We hope these pre-planning processes enlightened your mind about senior care in advance.