I’d like to tell you a story about Tom, an imaginary middle aged man. Tom passed away after a long illness. Anticipating his demise, Tom planned his estate by himself and made sure everything was “in order.” He prepared his own will from one he found online.
You would be surprised how many times we get that call in our office. A Daughter or son calls and wants us to prepare a “simple” power of attorney for the parent. But it doesn’t always work out. Before anything else we ask, “Why is your parent not calling?” The answer to that question will tell us so much.
One day, a few years back, Nancy came to us to protect her mother, Betty’s, last $25,000. Betty, had been in a nursing home for three years and had used all of her savings except for that little bit. Nancy wanted to hold it back to use for Betty to buy clothes, a special chair and pay travel expenses so her disabled brother could visit Betty.
Years ago all attorneys, it seemed, kept their clients’ original wills and estate planning documents in a vault in the office. But at that time most people lived in the same house or town until they died. Today, people are so much more mobile, moving from one community to another, and one state to another, even late in life.