How Much Do You Know?

Where is the Advanced Directive?

posted Oct 31, 2013, 2:01 PM by Ayo Labode

While I was thinking about where to keep important documents, Paula Span posted a wonderful blog entry on the New York Times' The New Old Age Blog.  I have long flowed this blog because it provides practical information. 

At a minimum you should give your physician, including primary care physician and specialist such as your oncologist or cardiologist, a copy of your advanced directives.  Often overlooked is giving a copy to the named agent(s).  I suggest scanning the document and e-mail a copy to family members so that it can be accessed in a time of crises even from a smart phone.

Where's That Advance Care Directive?
Too many older adults simply can't lay hands on their advance care directives when they need to.

Where do I Keep my Documents?

posted Oct 31, 2013, 1:43 PM by Ayo Labode

I am asked this question on a regular basis when I give clients their estate planning documents.  My first suggestion is to place the original document in a safety deposit box.  Keep a copy of all of the documents in a private, yet easily accessible place such as a locked filling cabinet; keep a scanned version as an e-mail attachment; and of course give a copy to your medical and financial agents, physicians and trusted family members. 

On a regular basis clients tell me that they do not own a safety deposit box because they are "too expensive."  Most prefer to have a lock box or small safe.  I remembered those comments as I watched the terrible flooding that destroyed many, many homes.  The rushing waters carried priceless items and too many lives down the canyons. 

In the weeks following the floods at least one client told me that I had convinced her that it was penny wise and pound foolish to keep documents in a home lock box.  She now has a safety deposit box for an annual fee of $45.00.  That is a small price for piece of mind.

End of Life

posted Sep 4, 2013, 8:11 PM by Ayo Labode

The Salt Lake City Tribute had a fascinating article about a professor who was paralyzed in a bike accident in 2008.  He lived in his home, continued teaching, all while using a ventilator to breath for him.  In August he decided to remove the ventilator and die peacefully.  This article give a rare insight into the deeply personal decision to end medical treatment. 

U. of Utah English professor’s final odyssey to the great beyond

Recent Medicare funding cuts

posted Aug 15, 2011, 7:17 PM by Ayo Labode

The Centers for Medicare and Medicaid have announced a cut to providers of long-term care.  The cuts will affect nursing homes that provide rehabilatative services. 

posted Oct 14, 2009, 11:51 PM by Ayo Labode   [ updated Aug 15, 2011, 7:14 PM ]

posted Oct 14, 2009, 11:50 PM by Ayo Labode   [ updated Sep 4, 2013, 8:13 PM ]

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