The Directory 2023-2024

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Terrie Lewis Attorney Terrie Lewis Law Of fi ce, P.A. I t is no secret that we are aging. For well over a decade, the Minnesota State Demographic Center has been predicting signi fi cant changes in our population. As early as 2008, the state projected that by 2030, one in fi ve in Minnesota will be over the age of 65. What can you and your loved ones do to prepare for aging? Documents Many people believe that your will is your most important document. While a will allows you to communicate your personal decisions regarding the administration of your estate, Minnesota statutes specify that your estate is distributed to your spouse and or your children, even if you do not have a will. Instead, your most critical document could be a power of attorney. Th is document allows you to name agents to assist you in the event of your incapacity. Your agent can pay your bills, verify whether your health insurance will cover a particular need, sell your home for you if can no longer live there, apply for public bene fi ts such as Medical Assistance and Veterans bene fi ts, and manage all of your fi nancial or contractual needs. Even your spouse cannot manage these issues for you without a power of attorney. Without a power of attorney, a loved one must petition the court to appoint someone on your behalf. Th is is a time-consuming, expensive process that ties your agent and you to Areyou legally ready foraging?

Faith and aging continued from page 17

By 2030, one in fi ve Minnesotans will be over the age of 65. Are you ready?

the court with accountings and court hearings for the balance of your life. Public benefits As aging continues, 70 percent of individuals 65 and older will need

care in their homes, an assisted living facility, or a nursing home. Care costs are continuing to increase, but public bene fi t programs are available to assist in paying for care.

LOOKING FOR A COMMUNITY, NOT JUST A HOME?

Share the lifestyle we enjoy each day at... C ALVARY C ENTER C OOPERATIVE • Opportunities to socialize and connect with others in the community • Convenient access to freeways • Located on a bike path • Pet friendly • Within walking distance of two shopping centers • Chef-prepared meals

Call today for a tour (763) 544 -1090

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www.calvarycooperative.org | 7600 Golden Valley Rd., Golden Valley 55427

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