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 Gotta Plan? 
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Joined: Tue Feb 23, 2010 10:32 am
Posts: 215
Location: Kalispell, MT
Post Gotta Plan?
This topic is for those who, like me, have no children or grandchildren to take care of us, take us in, whatever. I’ve been thinking all along this LBD journey about what I need to do, with no satisfactory answers to date. Such as, probably most importantly, to whom do I give my POA? Several recent posts show the need to plan, such as the aunt with hallucinations, and the discussion on strategies to maintain financial independence.

Any thoughts? Is this a useful topic?


Sun Sep 18, 2011 3:11 pm
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Joined: Fri Aug 11, 2006 1:46 pm
Posts: 4811
Location: SF Bay Area (Northern CA)
Post Re: Gotta Plan?
I think this is an important topic!

Two close friends are my healthcare POA (one is primary, one is secondary). A bank will be hired to be the financial POA.


Sun Sep 18, 2011 6:04 pm
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Joined: Fri Jan 15, 2010 9:33 pm
Posts: 3430
Location: Vermont
Post Re: Gotta Plan?
If I didn't have children (no grandchildren yet) I suppose I'd talk with several of my best friends, and choose one of them to be my medical POA and financial POA. I'd make sure they were compensated for any of their time they spent exercising these responsibilities, just like I will lay all this out for my sons. I want to make sure that whomever has to take on these responsibilities will receive a reasonable compensation for their time and energy. Lynn

_________________
Lynn, daughter of 89 year old dad dx with possiblity of LBD, CBD, PSP, FTD, ALS, Vascular Dementia, AD, etc., died Nov. 30, 2010 after living in ALF for 18 months.


Sun Sep 18, 2011 7:16 pm
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Joined: Tue Aug 30, 2011 1:42 pm
Posts: 108
Post Re: Gotta Plan?
I think community is so important. If you don't have a lot of family, see what you can do to make "family" out of friends and extended family (it might be a good time to get to know that niece you don't know very well). It may still be wise to hire a professional for the Financial POA and/or to help you plan how to use your assets for your future. It seems to me it would also be important to find someone you have a personal connection with to handle your Medical POA. My sister and I are having to do so much personal advocating for my mother. It is hard to imagine her getting the things she needed without someone who cares personally and is making sure that her care is the best it can be. Finding someone you could trust and that has a personal connection to you would be nice. I think it is so dangerous, being a care giver. One can get isolated so easily. Take care of yourself too -

Liz


Tue Sep 20, 2011 11:07 am
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