Searching for a Support System (Part 2)

       Last week I was talking about the hypothetical client, Jane Doe.  Jane does not have a family and friend support system to turn to when she can no longer handle her own financial and medical affairs and decision making.  What options does she have?        Trusted professionals can sometimes be a good person to fill these roles.  That could be Jane’s attorney, accountant or financial advisor.  Many financial advisors, however, are bound by strict licensing rules which limit their ability to serve as agent under a power of attorney for their own family members.  A care manager or social worker could also be a suitable option for health care representative.  This type of professional will be very knowledgeable about care options and will be comfortable making medical decisions.        In my practice, I have seen several different people serve as fiduciaries for aging…

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