Recently, my mother-in-law suffered a sudden medical crisis and was on life support for about a 24-hour period. We are so grateful that she survived. Everyday we pray that she gets stronger and reaches the next milestone in her recovery.
When a crisis touches your family, it happens when you least expect it. That’s why it’s called a ‘crisis’ and not an ‘appointment.’ You can’t exactly plan for it. But you can be ready. Like it or not, you need to think about how your family would fare in a situation like this. Here are some thoughts and tips I’ve pulled together during my time in the ICU waiting room:
- Make sure that your adult kids have a way of getting into your house in an emergency.
- A Designation of Health Care Surrogate and Living Will aren’t just documents that you sign at a lawyer’s office. They’re part of a conversation you must have with your family about where you stand on tough medical choices.
- The Durable Power of Attorney is the unsung hero of estate planning documents. (It’s “durable” because it still works when you’re mentally incapacitated, i.e. on life support or in a coma).
- In many states, if you’re married, your spouse can’t sell property without your signature. So if you’re incapacitated and you have real estate for sale, your spouse will need to postpone the sale or petition the Court for guardianship.
- A good health insurance agent will answer your questions over the phone. But a great one will visit you at the hospital and walk your family through your coverage.
- Medicare doesn’t cover the cost of long-term care. That’s why long-term care insurance policies and life insurance policies with benefit access riders are important.
- When people put off this kind of planning because they think they don’t need it…. or don’t want to spend the money…..or just don’t want to think about it, and there’s a crisis, the cost (money, time and emotions) is A LOT more.
Attorney Myrna Serrano Setty doesn’t just draft documents, she guides her clients so that they have peace of mind, no matter what happens. To find out how you can get a valuable Planning Session with Myrna for free, call her office at (813) 514-2946.