Planning for an aging parent’s future is equal parts love and logistics. Power of attorney is one of the first “grown-up paperwork” steps that can prevent chaos later, especially if a medical event or cognitive decline makes it hard for your loved one to manage decisions.
Please note: This article is for informational purposes only and is not legal advice. Laws can change and every family situation is unique. For guidance specific to your needs, speak with an attorney or qualified legal professional.
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Families rarely regret planning ahead. What they regret is being forced to make complex legal and emotional decisions during moments of exhaustion and grief. As an assisted living provider who has walked alongside families before, during, and after loss, I have seen how thoughtful estate planning can quietly protect relationships, dignity, and peace of mind.
Estate planning is not just about money. It is about decision-making authority, honoring personal values, reducing conflict, and preventing unnecessary strain when a loved one is vulnerable or dying. When done well, it allows families to focus on each other rather than paperwork, court timelines, or disagreements that surface under stress.
/by Moti GamburdLet’s say your mother has granted you power of attorney over her finances, and she has recently become unable to manage her own affairs due to dementia. Upon reviewing her accounts, you discover several thousand dollars of debt. Can creditors come after you personally for this money? The answer is no.
Even if you have power of attorney, you are not responsible for your parent’s debt unless you were a co-signer on the loan. However, many adult children feel morally obligated to ensure these debts are handled appropriately. Before deciding what to do, it’s essential to understand your options and obligations.
/by Raya's ParadiseCorporate Office / General Information
Raya’s Paradise, Inc.
1156 N Gardner St.
West Hollywood, CA 90046
(Directions)
Tel: (310) 289-8834
Fax: (323) 851-0375
E-mail: Info@RayasParadise.com
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