Articles Posted in Elder Law

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Medical Powers of Attorney Are Critical

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Paper, paper, paper. Everything seems to have a form or a document attached to it. Many people don’t bother with certain legal papers because they’re tired of the pile. An example is medical powers of attorney. Not everybody understands the importance but good group legal plans allow for help with this document.

It is important to Have Medical Powers of Attorney

The reason is clarity. Anyone who is the victim of a major car accident or medical disaster might be in a coma. The hospital does not know what this person wants as far as treatment. This can extend to life support systems which do not automatically turn off. The hospital staff is justifiably concerned about any lawsuits and will keep patient on life support indefinitely. That can cause expenses to skyrocket as time goes on. There’s also cost that is highly personal and very emotional. A patient who is near death can linger on life support systems. This causes agony of hope for love ones who pray for America which may never come. At the same time, these people are looking over their shoulders at the possibility of mounting debt. Countrywide Pre-Paid Legal Services is very familiar with the anxiety and suffering. We have the drafting of medical powers of attorney as a group legal plan benefit. Continue reading

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They Have Unique Problemsstockfresh_2776410_senior-adult-couple-going-over-papers-in-their-home-with-agent_sizeS-300x200

 

Senior employees are essential to the financial health of any organization. It is not simply their experience that makes them valuable. These staff members are ordinarily decision-makers, and the organization relies on them for getting things done. Their jobs require concentration without distraction. A primary distraction is their financial wellness. Worries about money and bills can cause a senior employee to think less about the job and more about the bank accounts.

New Expenses to Deal With

The troubles can be coming from several places all at once. A middle-aged employee may have children in college and is trying to help them. Taking out certain loans have obligations that the parent should follow through with, or else risk consequences. Older employees use medical coverage more often. It means that the deductible must be satisfied and it gets to be a problem. Out-of-pocket payments for various surgical treatments and therapy can cost thousands of dollars each year. This is all in addition to credit card debt that may be mounting. Continue reading