As people get older, there are more and more things that they need to plan for. Seniors often plan for a variety of things, like their retirement. Visiting Angels Santa Clarita breaks down the importance of long-term planning for seniors, especially when it comes to their will and appointing a power of attorney.
If you have not heard of a will before, it is essentially a statement left behind by someone who has died. The will determines how someone’s possessions are divided after death. Visiting Angels Santa Clarita emphasizes how all adults should write out a will. Wills are very important for seniors. Seniors should make sure to sit down and think about everything that they will leave behind when they pass away. If a senior passes away, and they do not leave a will behind, the government divides their possessions.
Seniors should also remember to name a power of attorney, or POA, as soon as they can. The POA, that a senior appoints, becomes in charge of the senior’s health and finances in case the senior finds themselves incapacitated.
For more information, you may visit Planning for the Future: What You Need to Know About Long-Term Care Planning.