Coronavirus or COVD-19 is serious. From an estate planning perspective, I encourage families, especially the young and old, to prepare for any outbreak, not just a #CoronavirusOutbreak 🤢. This goes for our frontlines too.
How Does One Prepare for the Coronavirus?
One’s health is most critical. For this reason, I like the idea of putting documents in place such that loved ones can act on my behalf. This starts with:
- Updated Health Care Directives,
- HIPPA Authorizations,
- Durable POA, and
- Updating other relevant docs like a Will, Trust, and transfer deeds.
Of course, preparation is critical for everybody. However, assisting one’s family to offer support starts with attention to our frontlines.
This includes our:
- Health Care Providers
- First Responders
- School Employees
- Transportation Employees
Be prepared and stay safe 🙏