We prepared well in advance knowing where our parents current accounts and policies were located. That's something my dad insisted we knew about, just in case.
It's a good idea to ask your parents to prepare an inventory that lists all of their accounts and policies, along with locations, account numbers and passwords. They don't have to turn them over to you if they don't want to, and my dad did not, but he wanted us to know where to find them.
Life Insurance Policies
Long-Term Care Policies
Banking and Brokerage Accounts
Social Security Cards
Medicare and Insurance Cards
Doctor's Names and Numbers
List of Medications
Phone Numbers of Lawyer and Accountant
Do it Now! This is another good way to help your aging parents whether they're next door or a thousand miles away!
Thank you for visiting, Carol - WorkingCaregiver.com