Older Americans can be vulnerable near the ends of their lives. While several of them have their families to rely on, many do not or cannot for a variety of reasons. A rising career for many retirees who are still able to work is becoming a professional fiduciary. They find it rewarding to help those who are unable to manage their own finances or medical decisions and need assistance from someone they can trust. There are those here in Nevada who might decide to utilize this method for guardianship.
One woman in another state says that although she made a substantial living in her former career, she was unsatisfied and did not feel as though she was making a difference in the world. She made the decision to become a fiduciary and assist others through a time in their lives that can be very difficult. She has even grown to care for many of her clients as she manages not only their medical, legal and financial decisions, but also attends personal events like church services or birthday parties.
Becoming a guardian may be a fulfilling career, but it is not one that should be taken lightly. It requires a great deal of organization and attention to detail. It can offer reassurance to those who might have little other options and resources as they age.
Those Nevada residents who are fortunate enough to have someone in their lives to rely on can grant a relative or friend with guardianship. No matter the relationship, this person can make decisions that can greatly affect one’s life, so it is important that they be trustworthy and well-equipped to make responsible choices. Whether one hires a professional fiduciary or uses someone from their personal circle, it is important to specify all directives so that the person has their wishes honored.
Source: USA Today, “Retirement career: Managing affairs for older adults“, Nanci Hellmich, July 14, 2014