Annotate Legal Louisiana Aging Parents Forms For Free

Designate a cabinet or closet for organizing important documents away from your main desk area. Lidded file boxes and stacked drawers make it easy to keep each family member's papers and school projects tidy. Attach labels to the front of each drawer or bin so each person knows which spot is theirs.

To organize: With everything divvied up by category, put each stack in chronological order with the newest papers on top. ... Insert label dividers ? one for each category that applies. Punch holes on the left side of each record. ... On the back of each divider, write related names and contacts.

Financial documents ?If a family member cannot locate important documents like tax returns or bank account information, it could delay care or even cause a senior to be denied insurance like Medicaid or veterans benefits,? says Tiffany Wise, senior director of customer development at A Place for Mom.

Keep important papers and copies of legal documents in one place ? and tell a trusted family member. You can set up a file in a cabinet, or put everything in a desk or dresser drawer. If you keep information in multiple places, be sure to keep the locations tracked in a notebook or ledger.

5 Tips to Help Your Aging Parents Get Organized Step 1: Take Stock of Everything. Assess your parent's situation and put a plan together. ... Step 2: Consider All Contingencies. ... Step 4: Take It Slow (if You Have the Luxury of Time) ... Step 5: When All Else Fails, Call an Expert.

Common documents include a will, durable power of attorney for finances, and a living trust. A will specifies how your estate ? your property, money, and other assets ? will be distributed and managed when you die.