Have you been thinking about your future? Are you wondering what you need in place to make sure your wishes are met if anything was to happen to you?
It can be a bit uncomfortable to think about what happens if you get sick, injured or die, but it’s important to have plans in place for your future so that you can have some power over significant decisions that will affect your life.
Here are four steps to help you take control and feel confident that your wishes will be fulfilled and decisions supported.
1. Plan for your assets and possessions
Yes, we’re talking about making a will. It can be a bit strange to think about planning who gets your assets after your death, but it’s an important step to take so that you’re the one in control of making those choices about the accumulation of your hard work.
Think about your property, possessions, investments, digital assets and money and decide who you want these things to be passed onto after your death.
You can also create a letter of wishes to help your will be interpreted, making sure your decisions and instructions are carried out how you want them.
If you want to learn more about preparing your will and live in the Geelong region, come to the free event ‘The Importance of preparing your will‘ on Tuesday 18 May 2021.
If you’re in Portarlington come to the free event ‘The importance of having a valid will, power of attorney and medical treatment decision maker‘ on Tuesday 18 May 2021.
2. Plan your future personal and financial decisions
You don’t know what’s around the corner, one day you might have an accident or become ill and suddenly be unable to make any decisions. So what can you do in advance to keep some control over your life?
You can make an enduring power of attorney where you appoint someone close to you to make personal, financial and legal decisions on your behalf.
This person can be a trusted friend, family member or even a legal professional who you believe will make the best decisions for you.
Choosing someone can be very empowering as you can feel a little more reassured that someone you know and trust is making choices for you and protecting what you have worked so hard for in your life.
Are you based near Hoppers Crossing? If are and you would like to get your power of attorney or will documents checked by a lawyer you can come along to the free event ‘Wills and power of attorney checks‘ on Thursday 20 May 2021.
If you live near Rochester and are looking to learn a bit more about these documents you can come to the free event ‘Planning for the future – wills and powers of attorney‘ on Thursday 20 May 2021.
3. Plan your future health decisions
Health care is an important and very personal part of everyone’s lives, especially as you get older. Most people have preferences to manage their health and have views on how they would like to take care of their health in the future.
To make sure that you have some control of these future health decisions you can plan an advanced care directive.
This essentially means you create a plan for your future health, such as going to a particular aged care home or having at home care and can be tailored to your specific health wishes.
If you want to learn more about all of these topics and are based in Warrnambool you can check out the free event ‘Planning ahead for seniors’ on Wednesday 19 May 2021. Likewise if you’re based in the Goulburn Valley Region this ‘Planning ahead for seniors‘ event will be running in Tatura for free on Thursday 20 May 2021.
4. And if things don’t go to plan choose who can decide your medical treatments
Even with an advanced care directive in place things can still go wrong outside the scope of that plan, such as if you had an unexpected serious injury or became ill. To prepare for the unexpected you might want to consider choosing a trusted person to make health decisions if you are unable to make these decisions yourself.
You can do this by appointing that person to be your medical treatment decision maker.
This gives you the power to choose someone you trust to make decisions that align with your beliefs and ensure that your family isn’t burdened with making these difficult decisions in a traumatic time.
Choosing a person in advance means you can also have discussions with them about choices you would make and give them some deeper insights into your health values.
Want to learn more about planning your future?
Check the full list of events about the steps you can take to plan your future as a senior
Taking these steps can help you make powerful decisions for your life in advance, give you peace of mind if anything were to happen and make everything a little less traumatic for your loved ones.
Why not get started to today and join in these events that will help guide you through the processes of protecting your future by creating these legal documents?
Looking to find answers to other legal questions?
Check out the full program of event for Victorian Law Week, 17-23 May 2021