What documents do I need to have in place, to be able to take care of my aging parents from a legal perspective?
In order to be able to take care of your parents from a legal perspective, there are certain documents that you will you need. Typically, half of the adult population does not have these documents ready in time to plan for the eventuality of long-term care or succession.
Here are the main documents that you need:
Durable power of attorney for healthcare.
Durable power of attorney for finances.
HIPAA (Health Insurance Portability and Accountability Act) consent form.
A living will.
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