There may come a day when you realize that your elderly mother cannot make important decisions by herself. In these circumstances, it may be in her best interests to have a guardian. At Vincent, Romeo and Rodriguez, LLC, we understand that sometimes it is difficult to know when you should make these decisions for your mother.
As a resident of Colorado with aging relatives to care for, you may eventually comes to the decision that it's time for them to get fuller and more comprehensive care at an assisted living facility or a nursing home. We at Vincent, Romeo & Rodriguez, LLC., will help you manage your options in an affordable way.
When preparing estate plans in Colorado, one must take into consideration who they can put in charge of their affairs if they were to suddenly fall ill or become incapacitated. Power of attorney is a legal document that people can use to designate a person or several people to act as their agents. These people are also known as “attorneys in fact” and have the authority to manage the financial, business and medical affairs of the people they represent. They have a fiduciary responsibility that requires them only to act when it is necessary, states A Place for Mom. There are several types of powers of attorney that people can use when planning their estates.
You may be a very accomplished adult with a long list of achievements. And you may be a parent who is successful in your own right. But you will never outgrow being your parent's child. And perhaps you have recently realized that your parents are at a point in their lives where they need your help to a greater degree than they are able to admit. As difficult as this may be for all of you, it could be time for you to assert yourself a bit more in their affairs.
The passing of a loved one can be difficult to handle, especially if it was someone to whom you were close. Not only do you have to deal with the emotional aspect of the loss, but it is quite possible that you will play a role in the management of the estate.
As a busy resident of Colorado, you have plenty on your plate. Between your work, your home life, your family life, and more, balancing everything and taking care of an elderly relative can be draining. This is especially true if you notice that your loved one is becoming more of a handful than you can manage.