Baby Boomers, Keep your Assets and Control your Finances By
Creating a Life Plan Now!
Do you toss all mailers to become a member of any senior organizations?
Don't want to have your parents attitude about aging & retirement?
Are you one who is not taking the senior discount even if you could?
Is avoiding all of this stressing you out?
Why do you not have a plan in place?
Time?
Too overwhelming?
Lack of understanding what is needed?
Life’s Encore Planning knows how to get it done. Creating a Plan is easier than you think.
We don’t think you are old; you don’t think you're old, now let's slay this dragon that is stressing you out!
The reality is, no matter if we are 20 or 100, we all need a plan in place.
A Life Plan determines who has authority and responsibility to take control if you are unable.
Why do you Need a Life Plan Now?
What if you have a medical crisis and are unable to handle your financial obligations?
If you were in an accident and were unable to make healthcare decisions for yourself, who would make them?
Without a Will or Trust or both, do you understand the difficulty your survivors will face?
As last year has shown us, you never know when the "s_" will hit the fan.
Legal documents to protect your estate for your heirs
- Estate> Legal documents to protect your estate for your heirs.
- Medical> Medical documents for you and your family to make decisions on your behalf, an Advance Health Care Directive.
- Financial> Financial Documents all in one place. Documents enabling an assigned person to access in case of emergency or death, a Power of Attorney.
- Personal>All items related to you specifically that may be needed in an emergency or death; Social Security Card, Medical Cards....
- Caregiving>Your wishes and how you want to be cared for when you are unable to care for yourself. Do you know how being a care giver will impact your life? Have you thought about what it would be like to have a parent come live with you?
A Health Emergency
In a health emergency who would speak for you if you were unable to? Do you have that in writing?
Let’s work together on your Life's Plan
Book you FREE 1/2 hour consultation with Elizabeth Now
Here are Some of Life's Challenges
End of Life Choices
Questions to Consider
- End of Life instructions letter regarding wishes not covered in will, such as a memorial service.
- Have you or your family members discussed and finalized the End of Life decisions?
- Have you or your family member documented the decisions regarding End of Life? Have any costs associated with your End of Life decisions been paid for?
There are many items to consider; we can help you through this process and make recommendations.
- Life's Encore Planning will create a plan with all the subjects discussed and decided upon.
- Give recommendations for Lawyers who specialize in Elder Law.
- Recommend options for completing the documents yourself and guides for understanding all that needs to be done.
- We can create a plan for coordinating all the documents, copies, and distribution to the appropriate people.
MEDICAL
Questions to Consider;
Doctor
- How do you or your family member keep track of appointments?
- Do you or your family member have list of Doctors, pharmacies, and current or past medical conditions?
- Have you or your family member given access to medical records through a signed HIPA form with each doctor and facility visited?
- Is your medical care traditional, holistic, or a combination of both?
Prescriptions
- Is your or your family members current routine for medication dispensing working?
Insurance
- What type of insurance do you or your family member have? Private, Medicare, Medicaid, Supplemental, Long Term Care, Life, Pharmaceutical, Vision Care, Dental?
- If you or your family member were unable to pay for all these services; who and how would someone take over?
There are many items to consider; we can help you through this process and make recommendations.
- Life's Encore Planning can help with creating, organizing, digitizing, and sharing all appropriate documents.
- We can help plan and make recommendations for automating all of these.
LEGAL DOCUMENTATION
- During a financial or medical crisis is not the time to try to get all your legal documentation in order. Who wants to be in a dusty attic, frantically shuffling through a box of papers, in-line at government offices trying to find or replace a critical document?
This can never be done too soon.
Questions to Consider
- Do you or your family member have: A Will, Trust, Durable Financial Power-of-Attorney (financial proxy), Pet Estate Plan, Marriage/Divorce papers, Military records, Birth Certificate, Driver’s license, Social Security Card, Passport?
Medical
- Do you or your family member have: Health care proxy (Durable Health Power-of-Attorney), authorization to release health-care information, Living Will (Healthcare Directive), personal medical history, Long-Term care insurance policy, Organ donor card, Power of Attorney for Healthcare, Medical Records Release, DNR, Insurance card (Medicare, Medicaid, Independent) Financial.
- Do you or your family member have: List of all bank accounts, pension documents 401(k) information; and annuity contracts, tax returns, partnership and corporate operating agreements, deeds to all property, vehicle title, documentation of loans and debts, including all credit accounts, durable financial power-of-attorney, (financial proxy), savings bonds, stock certificates or brokerage accounts, life-insurance policies, list of online usernames and passwords, list of safe deposit boxes and the location of their keys?
There are many items to consider; we can help you through this process and give recommendations.
- Here are just a few situations you may need these documents at the ready: A move to a senior community, is hospitalized, is displaced by an emergency or natural disaster, applies for state, federal or veteran benefits, sells a home, or becomes involved in litigation.
FINANCES GOOD OR BAD
- Regardless where you are currently with your finances, there will be a multitude of changes that can and will occur in this stage or your life.
- Do you or your family member have a financial retirement plan in place?
- How do you or your family member pay the bills: check, mail, online, automatically?
- Do you or your family member use financial software through the bank or bookkeeping/accounting software/apps?
- If you or your family member are unable to fulfill financial obligations does someone know how, have legal access to your finances or is designated to do it?
- Do you or your family member have a Financial planner, budget or spreadsheet with all financial obligations?
There are many items to consider
We can help you through this process and make recommendations.
We can help with organizing and automating the finances, help with creating a budget or spreadsheet to make it easier for everyone.
Book your Free 1/2 Hour Consultation Now
HOUSING 5/10/15 YEARS
Questions to Consider
- Do you or they own or rent?
- Have you or your family member considered or discussed how long to stay in the current residence, a future relocation or move?
- Have you or your family member considered or discussed ways to keep you in your current residence if possible?
- Would you or your family member be open to alternative living conditions such as retirement, assisted living, a roommate, or generational housing?
- Do you or your family members current residence need some updates or repairs? Do not put off housing repairs. No one wants to deal with a costly emergency repair.
There are many items to consider
We can help you through this process and make recommendations.
- We can help with touring, resources and recommendation for future living conditions whether it is in your current home or another.
- We can help with ways to keep you or your family member safe and in the current residence.
- It may not be time to move yet, but it may be the time to go through your belongings.
- There may be heirlooms or other special items you may want to either give away or document who you want them to go to.
Our lives were turned upside down in 2014 when my mother had a health crisis and her and my dad came to live with us while she received care in California. What was supposed to be 2 or 3 months ended up being 13 months. By 2016 my mom was now unable to go back to living in their condo in Washington state. With my dad being my mom's caregiver, it was left up to me to figure out a new normal for their finances, living situation, and care for my mom. This was an overwhelming task for me to take on as I had my own very full life. The added responsibility took away valuable time and energy I would have given to Steve and Aiden.
ELIZABETH MAGALLON-FLEURY
I'm the husband and the web person and I am the support for Life's Encore Planning not the brains but the Braun. STEPHEN FLEURY
AIDEN FLEURY
I am the Tech support for Life's Encore Planning, Photoshop, video internet...