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Preparing Yourself or a Loved One for Losing Mental Capacity
Manage episode 407262586 series 3561532
Treść dostarczona przez Archie and Rob Hoxton and Rob Hoxton. Cała zawartość podcastów, w tym odcinki, grafika i opisy podcastów, jest przesyłana i udostępniana bezpośrednio przez Archie and Rob Hoxton and Rob Hoxton lub jego partnera na platformie podcastów. Jeśli uważasz, że ktoś wykorzystuje Twoje dzieło chronione prawem autorskim bez Twojej zgody, możesz postępować zgodnie z procedurą opisaną tutaj https://pl.player.fm/legal.
Today, Archie and Rob Hoxton tackle the crucial yet often uncomfortable topic of preparing for the possibility of losing mental capacity.
With their expertise as financial advisors, they emphasize the importance of having the right legal authority and support system in place. They discuss the significance of being vigilant for signs of mental decline in oneself and aging loved ones, highlighting the vulnerability to financial scams and exploitation.
They share the essential documentation required, such as power of attorney, healthcare power of attorney, and living wills, to empower trusted individuals to make critical decisions when capacity is lost. Archie and Rob also touch on the value of long-term care insurance in ensuring a degree of independence and alleviating potential financial burdens on family members.
Watch on YouTube: https://youtu.be/-LvNzllJhEA
Listen in on conversations with Certified Financial Planners Archie and Rob Hoxton as they share weekly wisdom to help you retire and stay retired. Have you ever wondered what it will feel like when you get your last paycheck? Whether it’s excitement, anxiety, or anything in between, this show is for you.
Visit: http://www.thelastpaycheck.com
If you'd like to chat with Rob or Archie further, please schedule a consultation: https://calendly.com/archiehoxton/last-paycheck-consultation
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