Prepare Legal Colorado Aging Parents Forms For Free

Store your papers upright. For optimal efficiency, it's crucial to store papers in a hanging-file system. Put each category of papers in a separate folder and store them in a filing cabinet or upright in a filing box placed on a shelf. Storing them this way makes it easy for you to see how many papers you have.

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.

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.

Some points to consider when caring for your parents: Clarify caregiving with your family. Put in writing family members' caregiving roles, and stick to it. Don't forget about pets. Decide what to do with their pets if your parents need to move. Explore various care options. ... Meet with your parents' doctors regularly.

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.

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.