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If you can do as much now as u can, then being a POA is much easier. POA will not kick in unless you are found not competent to make informed decisions. It will be a great tool for your grandson when needed. Hopefully, that won't be for years and he will be much older. May be it will never become effective.
An elder lawyer well versed in Medicaid can help you understand and set things up. You may want to include grandson so he has an idea how it all will work. It also needs to be explained to him what being a POA entails. What he can and can't do.
I agree with those who suggest you move to a place with continuing care before you need it. That doesn't mean you need to do it today, but have it in your plans in the next 3-5 years.
Will - if your estate is straightforward, and assuming he's pretty much the sole beneficiary, make your grandson your executor and then why should he mind the work?
Springing DPOA, just in case you do go off your trolley (it may never happen, in which case the document gathers dust and bothers nobody) - this is a job for your lawyer, and again I can't see why a lawyer would object. They do charge a fee, of course.
I'm so sorry for your multiple losses. Never mind the admin, if you're finding the world in general a cold and lonely place that might be a very good reason to consider selling up and buying into a retirement community instead.
Seventy-two is not that old anymore as long as you have good genes and take care of yourself, but if it appeals to you and you can afford it a retirement community with graduated assisted care may be a great idea. Take the time to visit, look around, talk to other residents.
Right now is a good time to make sure all your estate documents are in order. If you do have an estate plan, review it to make sure it's up to date. Check any assets that name beneficiaries to make sure that they are still living. An estate plan includes a will, advance directives, and assigning durable medical and financial powers of attorney to a trustworthy person.
Think long and hard about the person to whom you want to grant durable medical and financial powers of attorney. Work with a trust and estate attorney to sort this out if you really don't have anyone in your life willing to serve as an agent. State laws vary, but a "person" can be, among other things, a commercial institution.
Right now, I am just fine, can do everything I did 20 years ago, just slower! When the time comes I will go into IL and move up to whatever care I need after that.
By going into a senior living place now you will already have handled one of the big decisions.
Personally, I would ask your grandson to hold your Durable POA, or a close friend. An attorney would be my very last choice.
All legal documents are in place, and I will update as needed.
Your profile says you are caring for your 84 yr old husband. What are you looking for? Do you feel that if you had relatives they would have helped with DHs care? It probably would not have happened. At this point of your life you only have you.
You and DH need POAs in place. You need to have advanced health directives in place. If your home in getting too much, great time to sell. Put the proceeds away and use them to offset the cost of a nice apt or as suggested, invest in a Senior Community where there is independent living, Asst Living and LTC.
Really, need more info on what ur looking for.
I’ll try to clarify my question. My husband has passed. My children have passed. Who should I trust to help me with my Will, advanced directives, etc. I’m assuming a good friend or an attorney. Neither of which are jumping with joy to honor this position. I do have a Will in place. The only living relative is my Grandson. In which I’d rather not burden him.
Good luck.
Be intentional about making new friends. Volunteering can do this, but also gives your life purpose and meaning. Take a chance and experience and learn new things. Mostly, relationships and being with people is what brings joy to life.
"Dying" in your own home isn't all it's cracked up to be because it's usually preceded by time and money investment for upkeep and maintenance. Often, people are isolating themselves just to be "independent" but they're really not once they can't afford the home upkeep or need help mowing the yard, etc. It's stressful and pointless, IMHO.
Consider moving to a seniors only community like KathleenQ suggested. Downsize before you're forced to in a crisis (or someone else has to do it for you). Tour and choose a facility where you can go when you begin to need AL (and make sure you talk to a financial planner to make sure you can afford it and for how long). ALso talk to a Medicaid Planner -- even if you think you'll "never" need it. You'd be surprised to find out how many responsible people wind up needing it.