Many thanks to those that came out to Harper College to celebrate Financial Elements’ 10 year anniversary. We enjoyed a lovely breakfast and a very informative presentation by Amy Florian of Corgenius.
In client meetings we talk a lot about being prepared – having estate planning documents in place, talking with adult children, and also how to leave a legacy. We also talk about the dreaded possibility of cognitive decline. So often, some of the early warning signs of dementia include financial and mathematical functioning. I listen closely to what my clients are saying and I’m in a unique position to often know if a request seems odd or out of character.
Amy talked about the important of not only having a Living Will in place, but also discussing it with your loved ones. There are also additional documents to consider as you age or if you have a chronic condition. Most people are familiar with a DNR and possibly a DNI order (do not resuscitate and do not intubate). There is also a POLST form that is a standing doctors order that can restrict heroic life sustaining measures if desired. Check out POLST.org for information for your specific state and circumstances.
Amy made a point of saying that we need to protect for three things:
What you know will happen
What you hope will happen
What you hope never happens.
Throughout the presentation she discussed health related documents, financial and legal documents, passing on a legacy, and dementia and diminished capacity.
Want to learn more or chat about how I can help you make sure you are planning for the future? Get in touch… I’d be happy to help.