Growing old alone?

We are both in fine fiddle now, so hopefully this is many years off but it is something that I have been thinking about for awhile. Where would you turn or how would you find someone to trust to handle your personal health and financial decisions for you if/when you are no longer able to? Having trusted adult children or a close younger family member that could step in and take over probably is the norm and would be the best but my wife and I are not going to have that available to us. We have my sister on all our documents and that's okay for now but she is only a couple of years younger so she might very well be facing the same issues as we age. I doubt if doctors do this but maybe a younger trust attorney or someone? I really have no idea who to consider or where to start and was hoping that we might get some suggestions or thoughts about this.

Re: Growing old alone?

Great question and a tough one for me to answer. (As if I have knowledge on the subject). I Googled Elder Care Financial Services and here is the first one that popped up. Maybe something like this could meet your future needs.

http://www.linkedin.com/company/dot.../elder-care-financial-services-256780/product

I hope you have many,many years before you need the services.

Re: Growing old alone?

Having just gone thru this with my father, I would get power of attorney set up for both medical and financial, as well as both a living will and a will. your financial adviser should be able to help. I have trusted my daughter with my care. I did tell her to make sure I'm dying before pulling any plug.

Re: Growing old alone?

No kids here. I am just going to keep a Grenade handy

Re: Growing old alone?

I signed a living will that stated I did not want to be kept alive by electronic stimulus nor liquid nutrition and the wife witnessed my signature.

Dang it if the following night while I was watching a football game she didn't unplug the TV and throw out my beer.:redface:

Re: Growing old alone?

Thanks for that link Tyme, I think that's the kind of service that we will need to look into.

Scott, we recently went thru this with my mother also and I had the power of attorney and was able to handle her affairs. That definitely took a load off our minds and made things easier. My sister will be setup with power of attorney for us but I'm worried that she might be getting frail also just about the time that we might need help.

DayCruiser, that's not a bad idea but I'm worried that I wont remember where I put the grenade when I need it.

Re: Growing old alone?

CatTwentyTwo said:

DayCruiser, that's not a bad idea but I'm worried that I wont remember where I put the grenade when I need it.

Click to expand...

Paint the grenade gold. Get a chain to hang it around your neck and show off your new bling!!

Re: Growing old alone?

Do you have an attorney? Perhaps he/she would be an alternative.

Re: Growing old alone?

If you don't already have one, it's time to find a trusted Estate Attorney. That person's office will handle everything from a Living Will to dispersement of any estate assets.

Re: Growing old alone?

emoney said:

If you don't already have one, it's time to find a trusted Estate Attorney. That person's office will handle everything from a Living Will to dispersement of any estate assets.

Click to expand...

Thanks for the suggestions guys, you have given me some ideas on where to start looking for help.