Tennessee Aging Parent Package

State:
Tennessee
Control #:
TN-P017-PKG
Format:
Word; 
Rich Text
Instant download

Description

This package is important for use in helping your aging parent organize their legal affairs as they begin to enter a later stage of life. It contains state-specific and multi-state documents that will help you in preparing your aging parent for and protecting your aging parent from events that may affect their health, finances and affairs after their death and are vital for your aging parent to maintain on file and safeguard in the event of an emergency or unforeseen life event.



The documents in this package include the following:



1) Last Will and Testament that suits your parent’s specific needs

2) Advance Health Care Directive(s)

3) General Power of Attorney effective immediately

4) Estate Planning Questionnaire and Worksheet

5) Financial Statement for an Individual

6) Personal Property Inventory sheet

7) Personal Planning Information and Document Inventory Worksheets

8) Agreement for Home Health Care by a Nursing Service


Purchase this package and save up to 40% over purchasing the forms separately!





Definition and meaning

The Tennessee Aging Parent Package is a collection of essential legal documents designed to assist individuals in managing the affairs of aging parents. This package includes important forms like the Last Will and Testament, Advance Health Care Directive, and General Power of Attorney, which are crucial for ensuring that an aging parent’s wishes are respected and their affairs are handled effectively. The package is tailored to meet the specific needs of Tennessee residents and aims to facilitate the planning process during a sensitive time.

Who should use this form

This form is ideal for individuals who are responsible for the care and well-being of their aging parents. Whether you are a child, relative, or close friend, this package provides the necessary legal tools to help you manage financial and healthcare decisions on behalf of your aging loved one. It is especially beneficial if your parent is beginning to experience health challenges or if they have expressed the need to prepare for the future.

How to complete a form

Completing the forms within the Tennessee Aging Parent Package can be done efficiently by following these steps:

  • Gather necessary information, including personal details and medical history of the aging parent.
  • Ensure that all required signatures are obtained, as some documents need to be witnessed or notarized.
  • Fill out each form completely, following prompts and examples provided.
  • Save copies of completed forms for your records and for legal safekeeping.

By taking these steps, you can ensure that the legal documents are filled out correctly and serve their intended purpose.

Key components of the form

The forms included in the Tennessee Aging Parent Package have several key components that are vital for properly documenting the wishes and needs of the aging parent. These components include:

  • Last Will and Testament: Specifies the distribution of assets after death.
  • Advance Health Care Directive: Outlines preferences for medical treatment and appoints a healthcare proxy.
  • General Power of Attorney: Grants someone the authority to manage financial affairs.
  • Financial Statement: Details the parent’s financial situation to assist with planning.
  • Personal Property Inventory: Lists valuable possessions for insurance and estate purposes.

Each of these components plays a critical role in ensuring the smooth handling of legal and health-related matters as parents age.

What documents you may need alongside this one

When using the Tennessee Aging Parent Package, you may require additional documents to provide a comprehensive legal framework. These may include:

  • Identification documents such as a driver’s license or social security card.
  • Previous wills and legal documents to help establish consistency in wishes.
  • Financial records, including bank statements and tax returns, to assist with the financial forms.
  • Medical records that can inform health care decisions.

These supporting documents enhance the accuracy and effectiveness of the legal forms, ensuring that all aspects of your aging parent's life are considered.

Benefits of using this form online

Utilizing the Tennessee Aging Parent Package online offers numerous advantages:

  • Convenience: Access and complete forms from the comfort of home, saving time and effort.
  • Accuracy: Online tools often include prompts and checks to minimize errors during completion.
  • Immediate access: Obtain forms instantly without waiting for physical copies to be mailed.
  • Secure storage: Many online platforms offer secure methods for storing completed documents.

By opting to use the forms online, you can streamline the process and ensure that legal documentation is handled efficiently.

Common mistakes to avoid when using this form

To ensure the validity of the Tennessee Aging Parent Package, be aware of common mistakes that can lead to complications:

  • Failing to sign and date forms where required, which can invalidate them.
  • Not consulting with the aging parent about their wishes, leading to misaligned documents.
  • Overlooking the need for witnesses or notarization for certain forms.
  • Filling out the forms incorrectly by not following instructions carefully.

Avoiding these mistakes will contribute to a smoother experience in preparing your aging parent’s legal documents.

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How to fill out Tennessee Aging Parent Package?

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To get the sample, log in to your account and click on Download button. The file will be saved in two places: on your device and in the My Forms folder.

For people who don’t have a subscription yet, look at our how-guide listed below to make getting started easier:

  1. Check if the Tennessee Aging Parent Package you’re considering is suitable for your state.
  2. View the form utilizing the Preview function and browse its description.
  3. Check out the subscription page by clicking on Buy Now button.
  4. Select the subscription plan to keep on to sign up.
  5. Pay by card or PayPal to finish making an account.
  6. Pick a preferred format to save the file (.pdf or .docx).

You can now open up the Tennessee Aging Parent Package sample and fill it out online or print it out and do it yourself. Think about sending the file to your legal counsel to be certain all things are completed properly. If you make a mistake, print and fill sample once again (once you’ve made an account every document you save is reusable). Make your US Legal Forms account now and get far more forms.

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FAQ

Assisted Living CommunitiesMedicare does not cover any cost of assisted living. It will pay for most medical costs incurred while the senior is in assisted living, but will pay nothing toward custodial care (personal care) or the room and board cost of assisted living.

Specific Tennessee Medicaid Programs For all Tennessee residents, TennCare will cover the cost of nursing home care if they are financially qualified and functionally require this level of care. TennCare also offers Home and Community Based Services (HCBS).

Dependency Rules in Tennessee Federal Health reform law states that after September 23, 2010, children are allowed to stay on their parents' insurance plan until age 26, whether or not they are enrolled in school.

Be 65 years of age or older.

To check the status of your application, change your address, or update personal information call 855-259-0701. For medical benefits questions or to order a replacement card call BlueCross Blue Shield at 1- 888-325-8386.

Participants can receive care and support services either in their home, the home of a caregiver or family member, in an adult foster care home, or in an assisted living community.Under CHOICES, the adult children of aging parents can be paid to be caregivers.

TennCare Kids is a full program of checkups and health care services for children from birth through age 20 who have TennCare.

Benefits cover hospital, nursing home, and outpatient services. In Tennessee, Medicaid is called TennCare. TennCare CHOICES is the program that pays for long-term care in a nursing facility, assisted living facility, or at home.Anyone receiving SSI is automatically eligible for TennCare.

Their household income is at or below 250% of the federal poverty level (FPL). For a family size of 2 that is $43,550 per year. For a family of four that is $66,250 per year. For more information look at the last column on the Income Guidelines chart.

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Tennessee Aging Parent Package