Page 8 - Family First Firm Brochure
P. 8

ADVANCE



      DIRECTIVES





      Did you know that by law, your spouse cannot
      make financial or legal decisions on your behalf?

      Everyone  over  the  age  of  18  needs  to  have  their  Advance  Directives  in
      order.  Grandparents,  parents,  and  even  college  students,  should  have
      these in place. Without them, there is no one who has the authority to act
      for you if the unthinkable were to happen.


      It  surprises  many  of  our  clients  when  they  find  out  that  they  don't

      automatically have the ability to make decisions for their incapacitated
      family members, including their spouse, adult children, or parents. Sadly,
      if these documents are not in place, the only option available is to file an
      expensive  and  lengthy  guardianship  case  with  the  Court.  On  the  next
      page, there is a description of the different documents that make up the
      advance directive package:


      Durable Power of Attorney


      This document allows someone to make legal and financial decisions on
      behalf of another; everything from paying a bill, to buying or selling real
      estate,  all  the  way  to  engaging  in  complex  qualification  strategies  for
      Medicaid. This document is effective from the time it is signed until the
      signer passes away or revokes it.



      Designation of Health Care Surrogate


       A Health Care Surrogate has the legal ability to make medical decisions
       on behalf of another. However, this typically goes into effect once the
       signer no longer has the ability to make decisions for himself or herself.





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