Advance health care directives are important components to your estate plan, and what they do is record your medical preferences so that your wishes are known should you be unable to communicate them at some point in the future. With a living will you state the medical procedures that you would be willing to accept … [Read More]
A Will For Every Purpose
It could be said that end of life planning contains three distinct components: the physical, the financial, and the philosophical. You can state your wishes concerning these matters by drawing up three different wills. Standard Will When most people hear the term “will” as it applies to estate planning they are going to think about … [Read More]
What Is An Ethical Will?
When you are planning your estate you hear about a lot different legal instruments, but perhaps the most basic and well known among them is the will. This is of course the document that you draw up to elucidate your wishes with regard to the distribution of your assets after your death. There is also … [Read More]
Understanding Elder Law
The demand for elder law has grown in recent years as the baby boomer generation reaches their 50s and 60s. Elder law covers a range of subjects including Social Security, age discrimination, Living Trusts and Wills, and healthcare. The primary purpose of elder law protections are to provide for the greater welfare, both socially and … [Read More]
Generation-Skipping Trusts
It seems kind of strange in a way, but one of the primary goals of estate planning is to keep your assets intact as you are passing them along to your loved ones. The reason why this reality is rather odd is that you may naively think that what is yours is yours and when … [Read More]
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