Being in college often gives many Massachusetts residents their first taste of adulthood. They may live on campus and away from their parents for the first time and have to find ways to address many adult issues on their own. What some may not consider, however, is that now may be the time to start estate planning.
Senior citizens in Massachusetts often need assistance with their care as they age. Some of them live in nursing homes or assisted living facilities to ensure that their needs are met, particularly when their families don't live nearby or are unable to provide care themselves. While most of these places treat patients with the highest level of care, there are others that fail to do so. This is what one assisted living facility administrator is accused of doing, after authorities charged her with fraud and other crimes related to her claim to have powers of attorney for a resident.
It is easy to think about and plan for the fun things the future may hold. Planning a weekend getaway may be infinitely more exciting than planning a presentation for work. It is human nature to procrastinate preparing for difficult times or events because this may mean a person must think about all the things that could go wrong. Perhaps this is why so few people in Massachusetts take the time to do long term care planning.
It is easy to sit around and shoot the breeze about favorite movies, the Red Sox, Boston’s best restaurants and so on. It can be more difficult to sit down with your spouse or other members of your family to discuss estate planning.
When asked to take on an important role, many Massachusetts residents feel honored. This feeling of honor may especially be present if a loved one asks an individual to play a vital part in making important decisions on his or her behalf. Often, people will appoint family members to make such choices as part of their health care planning.
Many people want to make sure that their elderly loved ones receive the necessary care. While some Massachusetts residents may want to be able to provide the care personally, that is not always a feasible arrangement. Because of this possibility, it is wise for individuals to carry out health care planning.
As individuals age, it is common for new and differing ailments to crop up. In some cases, the issues may be relatively minor at first, but as more problems arise, it can prove more difficult for Massachusetts residents to live on their own or to care for themselves. Typically, long-term care is needed. Because of this possibility, health care planning is often wise.
Most Massachusetts residents want their parents around for as long as possible. Of course, the older parents get, the more likely it is that they will face serious health issues. Estate planning can help in this situation if parents decide early how they want their care handled and paid for. However, many people do not take advantage of this planning, and adult children may be left shouldering the responsibility of care.
Planning for the future is an important and somewhat daunting task. Many Massachusetts residents begin the estate planning process without truly knowing where to begin or what they will need. Some people believe that a will is all that they will need, but there are a number of situations that are not covered by a simple will.
People typically do not want to think about what their lives would be like if they were incapacitated and unable to make their own decisions, but many could benefit from considering the possibility. Massachusetts residents, as well as others across the country, who are learning more about health care planning might be unaware of how many options they have available to them. Some might believe that a will is all that they need, but then they eventually discover that they could also benefit from setting up a power of attorney or an advanced directive.