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6 Legal Documents That Most Retirees Don’t Have Chris Kissell © DiMedia / Shutterstock.com A majority of retirees 53% have a last will and testament. But most lack six other crucial legal documents. Popular Searches 32% have a power of attorney or medical proxy, which allows designated people to make medical decisions on the retiree’s behalf. 30% have an advance directive or living will, which communicates their end-of-life medical preferences to health care providers. 28% have designated a power of attorney to make financial decisions on their behalf. 19% have written funeral and burial arrangements. 18% have filled out a Health Insurance Portability and Accountability Act (HIPAA) waiver, which allows designated people to speak to health care and insurance providers on the retiree’s behalf.

United statesCatherine collinsonDimedia shutterstockTransamerica retirement survey of retireesTransamerica instituteHealth insurance portabilityTransamerica centerTransamerica retirement surveyAccountability actRetirement studiesThat are essentialPlanning your estateMoney talks newsRocket lawyerMoves you should make after retiringஒன்றுபட்டது மாநிலங்களில்