What will you do if a parent or other loved one is diagnosed with a disease, like Alzheimer’s, that will destroy that person’s ability to make decisions? Who will make medical decisions for your mom, if she didn’t sign a medical power of attorney? Who will sign the necessary paperwork if dad must be moved into a memory care facility, if he didn’t sign a statutory durable power of attorney? What will happen to your parents’ estate if they didn’t sign wills?
If this situation arises, you need to act quickly.