Retirement planning is an important process that helps ensure your financial stability as you age. For many adults, planning for retirement goes hand-in-hand with estate planning for the future. Some of the same issues need consideration in estate and retirement planning.
Georgia residents who are age 65 or older often begin to encounter certain challenges in life. Perhaps physical health is not what it once was and an older person finds him or herself needing to visit a doctor's office more often. As loved ones age, some may also show signs of mental illness, which can be debilitating in its most serious form. In fact, mental decline or incapacitation is often a central focus of long-term care planning.
Many Georgia families include elder members who are suffering from various stages of mental decline. There is often more than one person, such as adult children of the loved one, who are trying to work together to protect their loved one's rights and best interests. The problem is that siblings often encounter challenges when they disagree about what is best for an aging parent. Such situations sometimes lead to petitions for conservatorship.
When a Georgia adult son or daughter helps an aging parent transition to assisted living, he or she often speaks with many facility officials before determining which specific place is the best fit for his or her loved one. Nursing home issues are often a central focus of long-term care planning. Sadly, not all care providers do their jobs well. In fact, some are downright neglectful or abusive, which was apparently the case in another state.
A big part of your role as the parent or caregiver for a special needs adult involves making important decisions on behalf of your special needs child, regardless of how old they now are. One of the most difficult realities for parents of special needs children is the fact that the children will continue to need care into adulthood and even well after you eventually die or become medically unable to provide care anymore.
If mental or physical incapacitation prevents a Georgia adult from being able to speak or act on his or her own behalf, the court may issue a ruling that designates another person to do it. Conservatorship allows a court-appointed person to manage financial or other daily life affairs for an aging parent, other loved one or even a non-family member. This can sometimes spark contention if the person over whom a conservatorship has been granted does not think he or she needs it.