QUESTION
How to get elder parents get their papers in order?
Asked on Apr 09th, 2018 on Elder Law - Pennsylvania
More details to this question:
I have an 91 yr old Dad and 81 yr old Mom. My brother and I have offered numerous times to help them make sure all their financials/wills/home is setup for when they pass. However, my father refuses to help us and my Mom has no idea what my Dad has. We just want to make sure we know where things are (bank accounts, insurance information, wills, any policies....etc) when the time comes. They do not have much, but what they have I do not want the state to take.
1 ANSWER
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This is a really difficult situation. Is there someone else in your parents' life from whom they might take advice? A pastor, financial advisor or friend? maybe ask them to make the suggestion. The law of intestate success will take over in the event both pass without a will. For assets NOT titled in both of your parents' names, that means that the survivor of the two of them will be dividing the decedent's estate with the two children. If you tell them that, maybe that will be enough to spur them into action. The most important document for them now is a durable general power of attorney. I would suggest that you start there.
Answered on Apr 18th, 2018 at 11:44 AM