Financial Power of Attorney and Executor of Will for Couple With Health Challenges

Mr. and Mrs. Jones are 74 and 63. They live and operate their own business in their home. Both Mr. and Mrs. Jones have serious ongoing health challenges. All of their family members live out of state. Mr. Jones has had several surgeries over the past year. These have caused him to be away from home a significant amount of time. Mrs. Joneses’ physical activity is limited, but she is able to continue to operate the business, which consists primarily of talking to clients on the phone.

Previously, Mr. Jones had handled both the personal finances and the financial management for the business. Foster Thornton stepped in to assist the Joneses with ongoing personal and business financial management while Mr. Jones was in the hospital or recovering from surgery. Foster Thornton provides assistance with monthly accountings, income and payroll tax reporting requirements, healthcare insurance and other issues. In order to provide them additional peace of mind, the Joneses have given Ms. Thornton Financial Power of Attorney and have appointed her Executor of their Will.

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