The Importance of Creating an Estate Plan

Posted by:

Do you have a written plan in place to handle your affairs in case something happens to you? Even if you are enjoying your good health now, unexpected things can happen. It is important to put in writing your preferences and wishes related to your health and finances.

Create Peace of Mind

It is essential that you take a proactive approach to so you can be prepared for the future. It’s never too early to start working on these plans. As soon as your plan is finished, then you can relax without worrying about the stress and contention that might occur in the family because of a lack of planning on your part.

Putting Together the Right Estate Plan

Where should you start with the process of putting together an estate plan? The best thing that you can do is work with an experienced estate planning attorney who can evaluate your needs and preferences and design an estate plan that is accurate and personalized.  These are a few things that might be considered for your plan:

  • Will: A document that shares details about your final wishes for your finances and estate. Typically, this document will name an executor and list details related to your property, debts, children, pets and more.
  • Trust: An arrangement that allows a third party, known as the trustee, to manage and hold assets. Details are put in place to specify how the assets should be handed to the beneficiaries.
  • DPOA: Durable Power of Attorney (DPOA) is a document that authorizes another person to act on your behalf. A financial power of attorney can pay your bills, manage your property, oversee the execution of your estate, and more according to the restrictions that are set in the document. You should also appoint someone to make healthcare decisions for you in the event you are unable to do so.

Work with the Right Team

Mistakes made in the estate planning process can lead to significant problems later.  It is important that you work with a qualified, experienced legal professional. At Windward Life Care, we assist older adults and their families in the process of finding resources to support them in the later years of life. Contact us today to learn more about the continuum of services that are offered.

0

Three Tips for Maintaining Good Mental Health during Retirement

Posted by:

Did you look forward to the “golden years” after retirement so you could travel, spend time with family, and engage in your hobbies? Retirement brings about positive changes in many people’s lives, but it is a life transition that can cause significant changes in routine, relationships, and one’s sense of purpose. These life changes can increase the number of worries or stresses that you are facing, which might increase the risk of depression and anxiety.

Whether you are experiencing depression and anxiety or you are looking for ways to avoid these mental health issues, there are a few things that you can do. Right now is a great time to take a proactive approach to protecting your mental health:

1. Maintain Physical Activity

Aches and pains are a normal part of the aging process, and sometimes these problems cause people to slow down and avoid physical activity. But, regular physical activity is essential for both physical and mental health. When you exercise, it boosts certain hormones within the brain that keep a person happy. Incorporate light exercise into your weekly routine at least three times per week. Gardening and walking are great ways to get started.

2. Find a Way to Contribute

Retirement can be a difficult transition if you are used to leaving the house on a daily basis for work or other activities. Look for a new hobby or volunteer opportunity that will utilize your strengths and give you a greater sense of purpose. These things will help by expanding your social network and possibly making someone else’s life better.

3. Talk with a Doctor

In addition to making healthy lifestyle changes, it is essential that you talk with your doctor about how you are feeling. He or she can assess your symptoms and make a determination about the best treatment options. A referral to a mental health professional can be helpful, which could include talk therapy and/or medication therapy. The important thing is take steps to get help.

Here at Windward Life Care, we offer assistance for older adults and their families. These resources can be beneficial to give you the support that you are searching for during the later years of life. If you need help finding a qualified mental health professional experience in working with older adults, we can help. Contact us today and we will gladly answer your questions.

0