How are you celebrating National Health Care Decision Day?
I doubt you are going to celebrate National Health Care Decision day with cake and balloons. However, it would be a great day to finally get your financial documents in order in case you have a healthcare crisis.
The theme of NHCD day this year is “It always seems too early, until it’s too late.”
Think of this as a positive step to make your wishes known. To begin, think about your own healthcare decisions. For example:
- If I end up in a situation where I can’t make healthcare decisions for myself, who do I want to to make those decisions for me? Who do I trust to serve as my Power of Attorney?
- If I become terminally ill; do I want the doctors to do everything possible to keep me alive or would I rather accept my prognosis and refuse further care?
It is always a good idea to have an open discussion with the person you designate as your Healthcare Power of Attorney and any contingent people who might serve in this capacity if for some reason the initial designee is not available.
In addition, you should also have a living will. This document lets others know what kinds of medical treatment you would or would not want at the end of life. A great resource for gathering more information is: http://www.nhdd.org/public-resources#where-can-i-get-an-advance-directive
Take a moment to think about it; “It always seems too early, until it’s too late.”
Continue Reading
Other articles filed under Austin CFP Team Posts
End-of-the-Year Top 10 To-Do List
November 9, 2021 - Here’s a fourth quarter “Top 10 To Do List" of items that have a year-end deadline: Make sure you take out your Required Minimum Distribution (RMD) if it applies to you or be liable for a 50% penalty on the...
Continue Reading
Did You See Us On The Austin Business Journal List?
June 4, 2020 - Thank you to the Austin Business Journal for including us in the Financial Planning Firms List for 2020. You can find us on the Austin-area investment management firms RIA list. We’re so thankful for our clients and friends who have...
Continue Reading
How to Manage It: Millennial Rules for Finances
June 20, 2019 - Millennials have come of age in an era like no other in history. This generation has made its mark in a time period that’s been a supernova of information accessibility, interpersonal connectivity and technological disruption. It’s no wonder this generation...
Continue Reading
How We Give Big Pink
June 5, 2019 - We make it a priority to give back to our communities and support our own in their endeavours to do so. On April 12, WorthPointe was a table sponsor of the Susan G. Komen® Greater Central and East Texas "Big...
Continue Reading
We are honored to make the list of AdvisorHQ’s Top Financial Advisors in Austin, Texas
April 9, 2019 - We are so happy to see WorthPointe on AdvisorHQ’s Top Financial Advisors in Austin, Texas, to partner with in 2019. As examined in the article on the Advisor HQ Website, we know it’s difficult to know where to start when...
Continue Reading
- Have You Seen Who Made the Best-In-State Forbes List?
- No Goals? No Problem — If You Focus on Habits and Systems