WNY Family Magazine March 2020 | Page 38

 Memberships in groups and awards received  Names and phone numbers of close friends, relatives, doc- tors, lawyers, and financial advisors  Medications taken regularly (be sure to update this regu- larly)  Location of living will/ad- vance directive  Health care proxy  Health care power of attorney  Last will & testament  In this digital age, User IDs and Passwords to important online accounts Important Documents Everyone Should Organize, Regardless of Age W hen your elderly family member unexpectedly winds up in the hospi- tal for a month and there’s no way to pay her bills or even know what bills are due, or you suddenly find that you need several years of bank statements and records of other assets to apply for Medicaid, the task will be much easier if someone has taken the time to find and organize the following important docu- ments or duplicate copies. Purchase a plastic file box with hanging file folder dividers and use this as your “command center.” Even if your elderly family member is perfectly healthy, this is a good project to work on together. From a purely practical standpoint, these papers will be needed eventually, and getting them in order is a smart thing to do. (While you’re at it, think about how your own important pa- pers are organized. What would happen if you were in an accident and incapaci- tated for any length of time? Perhaps it’s time for you to do a bit of organizing as well!) 38 WNY Family March 2020 If your parent is willing and able, just buy them the supplies to get them started and give them control over get- ting the job done. Just ask them to let you know where they keep the box so that, in case of emergency, you will know where to find it. Personal Records  Full legal name  Social Security number  Legal residence address  Driver’s license  Passport  Date and place of birth  Full legal names and addresses of spouse and children  Location of birth and death certificates and certificates of marriage, divorce, citizenship, and adoption  Employers and dates of em- ployment Financial Records  Sources of income and assets (pension from your employer, IRAs, 401(k)s, interest, etc.)  Social Security and Medicare/ Medicaid statements/informa- tion  Insurance information (life, health, long-term care, home, car) with policy numbers and agents’ names and phone num- bers  Names of your banks and ac- count numbers (checking, sav- ings, credit union)  Investment income (stocks, bonds, property) and stockbro- kers’ names and phone num- bers  Copy of most recent income tax return  Liabilities, including property tax — what is owed, to whom, and when payments are due  Mortgages and debts — how and when they are paid  Deeds for any properties owned  Car title and registration  Education and military records  Credit and debit card names and account numbers  Names and phone numbers of religious contacts  Location of safe deposit box and key