Aging in Place 3rd edition

PERSONAL FINANCE

Documentation What measures/ legal documents do you have in place?  Will  Trust  Power of attorney  Advance Medical Directive Have these documents been updated to reflect your current life preferences/choices/circumstances? Yes____ No____ Not Sure ____ Have you checked into the legal ownership of your assets? Yes____ No____ Not Sure ____

Did You Know?

Links to helpful financial and legal resources, including information about benefits and supplemental income programs, can be found through: The National Council on Aging https://www.ncoa.org/ http://www.seniornavigator Estate Planning and Document Organizing Tools https://www.everplans.com/ digital-estate economic-security Senior Navigator

( Often a deceased spouse or parent will still be listed as the legal owner on titles or deeds. Know who is listed on the title of your primary assets—car, homes, land, stocks, etc.) Have you shared the location of these documents and other financial information (e.g. bank accounts, life insurance) with your spouse, children, other family, or trusted friends? Yes____ No____ Not Sure ____ If you answered “ yes ”, have you given or written down directions on how access these documents including login and password information? (checklist provided in additional resources section in the back of this workbook) Yes____ No____ Not Sure ____

Aging in Place: Your Home, Your Community, Your Choice

Personal Finance 47