To prepare for the day when your parents may need your help, make sure they've executed durable powers of attorney for both financial and personal care. (moneysense.ca)
If your child can be considered competent at times, then having him or her name you as durable power of attorney may be the easiest route for your loved one. (quotacy.com)
Write a will at some point in your 20's or 30's, and also consider creating durable power of attorney and healthcare proxy documents. (businessinsider.com)