The 4 most important financial documents to have in place in case of an emergency.
or other bills are paid is impossible if you are lying in a hospital bed or recovering from a serious injury.A durable power of attorney allows someone to step in and make financial decisions, including making sure bills are paid. You can name your spouse, another family member or a friend. You can also choose an alternate in case the person you choose is unable or unavailable to fill the role.
Sharon and her husband Christopher Farley on her "discharge day" in October 2016 after month-long hospital stay, Burke Rehabilitation Hospital, White Plains, NY.In some states, it’s called an “advanced directive” for medical decisions. It’s a written document that lets you express your wishes for medical treatments you would or would not want to be used to keep you alive, including resuscitation and intubation.
I wanted to make sure my family knew that I had a living will and had already decided how I wanted to handle difficult and emotional end-of-life decisions.
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