Coronavirus and the Need For Powers of Attorney and Disability Documents in Michigan

Attorney and Advisor Christopher Berry explains why in times of health and virus scares, like the Coronavirus, it is important to have disability documents in place, like a financial power of attorney, medical power of attorney and personal care plan.

 

Estate Attorney and Advisor Chris Berry of Castle Wealth Group answers questions on retirement and estate planning every Wednesday at 1pm. Register via thisĀ linkĀ or give our office a call at 844-885-4200.

Castle Wealth Group and Christopher Berry help families with estate planning, elder law, retirement planning, and tax planning from their offices in Brighton, Ann Arbor, Livonia, Bloomfield Hills, and Novi.

Castle Wealth Group helps families with their legal, financial, and tax planning for their retirement and legacy.

With the use of legal structures like revocable living trusts, Castle Trusts (asset protection trusts), Chris Berry and Castle Wealth Group can help your family plan, protect, and preserve what is important through their Retirement and Legacy Blueprint Process.

 

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Episode Transcript

Powers Of Attorney

Hey, everyone. This is Chris Berry with another Berry’s Bites. Today, we’re going to talk about the importance of Powers of Attorney. Especially in times like this, with the Coronavirus and everything that’s going around, people may need medical attention sooner rather than later. So one of the most important things right now, is having your disability documents in place. A financial power of attorney, a medical power of attorney, and a personal care plan.

That financial power of attorney helps if someone needs to make financial decisions for you. The medical power of attorney, in Michigan, we call this the patient advocate designation, helps appoint someone to make medical decisions if you’re unable to, which, with everything going on right now, is very important to have.

And so one of the things we have is the ability to put together these documents for you virtually where we don’t even have to meet. We can have a phone conference, we can have a video conference, and we can even do drive-by signings where you can pull up, stay in your car, and we could even run out to get those documents notarized, and a witness, where you wouldn’t even have to leave your car, somewhere to a drive through takeout. But these documents are super important. You need to have that financial power of attorney. You need to have that medical power of attorney.

And the third thing is that personal care plan. That document, where if you were to need long-term care, what would it look like? So very important to have these in place. Ever and over the age of 18 should have that financial and medical power of attorney. And then if you’re around retirement age, you should have that personal care plan that outlines what long-term care would look like for you if you were to need long-term care. And if you want some assistance with that, and you’re living in Michigan, we can help you throughout all of Michigan. Just give us a call or shoot us an email. Happy to help. Again, this has been Chris Berry with another Berry’s Bites. Take care.

 

 

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