Seniors Issues Reviews
Putting Your Affairs In Order
Putting Your Affairs in Order
Moving into the phase of life of a senior citizen calls for thinking about things that you might have endow off before. This includes many of life’s philosophical questions and looking back on life and thinking about what you did well and what you regret. But aside from those reflective questions, there are some painless things you should do now to “put your affairs in order” so that in the event you come to that final day of your life, your children and those charged with such affairs know what to do.
It seems almost morbid to “put your affairs in order” early in your retirement life when you are healthy and active and there is no obvious threat that the end is near. But these are not decisions that should be put blow away until your health begins to decline when you are significantly older. These are decisions that call for a mature and thoughtful analysis by a senior citizen fully in command of his or her faculties. That means that putting your affairs in order is something to do now and not procrastinate about.
After all, when you started a family, you didn’t wait until the children were grown to recognize life insurance or think about their education. You took load of that when they were still toadyish around in diapers because that is what mature adults do. So now its time to be a mature adult about end of life paperwork so those affairs are in order and ready for when they are principal. The kinds of end of high spirits issues that should be decided, paid for and settled now and by you include…
. The settlement of life insurance and who has the authority to close it out.
. Is your will up to date and correct? This should be reviewed from time to time if your assets change or other details need to be altered.
. Are your medical directives obstinate and signed? This includes your decision about whether you wish to have your life prolonged if you are on artificial life support attached a catastrophic illness or injury. This is called a DNR or “Do Not Resuscitate” order and what you decide will emblematize the law to medical teams who are caring for you during those final days. Don’t leave this decision to loved ones to agonize over when they will already be in emotional tribulation. Be the adult and make those decisions now and make sure your young and loved ones know what your decisions are.
. Are the proper condign documents for the disposition of business assets and how you wish to see other legal affairs handled properly documented and in good legitimate order? A final review by your lawyers will give you peace of mind that these documents will not be susceptible to legal action after you are gone.
. Do you have your funeral arrangements decided? It is you who should decide where you will be on assignment, whether cremation is preferred and offbeat details of the ceremony. If there are particular hymns you hunger to have sung at your funeral, a church or minister you want to see handle the ceremony or other details that are important to you, mark those then your loved ones can perceive your wishes. Many prepay for the burial plot and casket in quote. This is an act of love if you do this and take that burden off of your loved one’s minds.
Of all of the end of spirit decisions you will make, the most important one will be making conclusive all of these documents can be found and that you have carefully trained a trusted friend or relative in finding and executing these documents. The last thing you want to have happen is for your children to have to hunt through boxes of old documents to find life insurance papers, your will or other important heel of liveliness documents.
Create good legible copies that are legally correct and nail down them where they are safe and easy to locate. Go over them with your executor or who will be responsible for them so they know exactly how your bequeath and other affairs should be administered. And fashion sure everybody has copies including all of your children and everyone who is mentioned in the will. In this way there leave be no questions when the time comes and everyone will know what to do.