A variety of health conditions can develop with age, making it difficult for some seniors to make important legal and financial decisions. Because of this, it’s important to understand what power of attorney is and why you should help your elderly loved one take care of designating it before any health challenges arise.
It Makes Decisions Easier
Aging loved ones often experience a decrease in their mental facilities. This can be due to conditions like Alzheimer’s disease or dementia or because of other changes in personality that come with age. The main goal of power of attorney is to enable an individual to make decisions for another when the individual becomes incapable of doing so. Power of attorney can make it possible for you or someone else to care for your loved one when he or she is no longer able to. This power can extend to everything from making the decision to resuscitate your loved one to deciding on his or her at-home care in Palm Beach. Power of attorney allows for important decisions to be made without requiring long legal battles.
A Lack of Power of Attorney Can Be Costly
Making decisions without power of attorney can be a costly and uphill battle. This is especially true when multiple people are trying to make the best decisions for your loved one. Power of attorney can minimize the amount of required legal action, which in turn can save your loved one and your family on legal fees.
Fighting Among Family Members Can Be Prevented
The worst thing that can result from a lack of power of attorney is infighting among relatives. Making decisions on a senior’s finances, medical decisions, and lifestyle changes can tear families apart. Power of attorney, however, can prevent this by allowing you or another person to be in control of the decision-making while working with your loved one to make the decisions he or she wants.
It May Be Needed to Make Important Medical Decisions
Medical decisions tend to require power of attorney. While this makes sense for life-changing procedures like life support, it can also extend to procedures that may affect a loved one’s quality of life. Having power of attorney can help make things such as bladder procedures, preventative care, and hiring hourly or live-in care in Palm Beach possible if your loved one becomes unable to make his or her own decisions.
Though it can be overwhelming to think about making sure your loved one’s needs are met, making those decisions early on can help ensure the transition is easier. To learn more about senior financial planning and how long-term home care fits into the equation, reach out to Home Care Assistance. Our caregivers are available 24/7 to assist with a variety of tasks, and we also offer specialized Parkinson’s, dementia, and Alzheimer’s care Palm Beach families trust. For more information on our senior care services, please call one of our experienced Care Managers at 561.429.8292 to schedule a no-obligation consultation.