Parents With Memory Problems

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It is always hard to watch our loved ones age so much to the point that they begin to become forgetful of almost everything. For those with aging parents, it might be in your best interest to ask them if they have Durable Power of Attorney (DPOA) document.

A DPOA allows the appointed person to make medical and/or financial decisions on behalf of their loved one (when the loved one can no longer do so). A DPOA also prevents your aging loved from falling prey to a predator who has an eye on their finances.If your loved one makes you the power of attorney, then it will also help you to pull money from your loved one’s account to pay for their bills while they are incapacitated.

Remember, it is extremely important to have a properly structured and executed DPOA while your loved one is still of “sound mind”. This will hopefully help to avoid any emergencies, miscommunication, and confusion.