In the legal field there are binding documents that are utilized to accomplish various different aims. One of them is the power of attorney. These legal devices are used within the [Read More]
What Is a Guardianship or Conservatorship?
With your estate plan you arrange for the distribution of your monetary resources after you die. However, a comprehensive estate plan should address the period of time that will precede your death. Many people go through a period of incapacity late in their lives. If you do nothing to prepare for this possibility, guardianship or … [Read More]
Who Can Act as an Agent Under a Power of Attorney?
When you are planning ahead for the future you have to consider the eventualities of aging. As a senior citizen you may become unable to handle all of your own affairs. You can name someone to act on your behalf in the event of your incapacitation by executing a certain type of power of attorney … [Read More]
Incapacity Planning in Connecticut: What Is a Living Will?
The process of estate planning should extend beyond the distribution of financial assets. Before you expire there may be an interim during which you are incapacitated. You may be unable to make and communicate your own decisions at that time. Is this a pleasant proposition to consider? Of course not, but it is a stark … [Read More]
Survey Finds Most Without Living Will
Every estate plan should contain an incapacity component. It is very possible that you will become unable to communicate before you pass away. Decisions may become necessary, and you may not be able to make them for yourself. If you want to be comprehensively prepared you should execute documents called advance directives for health care. … [Read More]
Hartford Connecticut Incapacity Planning: What Is the Nomination of a Guardian?
Incapacity planning is an important part of a comprehensive estate plan. People often equate estate planning to the transfer of financial assets, but there is more to it than that. If you think about it logically, people do not ordinarily pass away while they are still fully capable. A significant percentage of individuals become unable … [Read More]
What Are the Alternatives for Managing Property When a Person Becomes Incapacitated?
Incapacity planning is an important part of your overall strategy for aging. If you look at it logically, for the most part people do not suddenly pass away without going through a period of ill health. This can often involve losing the ability to make sound personal, medical, and financial decisions. What are the alternatives … [Read More]
Intelligent Incapacity Planning To Avoid Guardianships
People are routinely living into their mid-80s and beyond during our current era, and when you reach such an advanced age it becomes quite possible that you could lose your ability to make sound medical and financial decisions. One of the biggest threats that exists along these lines would be Alzheimer’s disease. About four out … [Read More]
Have You Considered Possible Incapacity?
Comprehensive planning is the key to being prepared for any and all eventualities as you enter different phases of your life. Just keeping your fingers crossed with your head stuck in the sand is clearly not a very intelligent course of action, but unfortunately far too many people go this route. The average lifespan in … [Read More]
Fostering A Resonant Family Dynamic
People sometimes discuss estate planning with rose-colored glasses on, assuming that all families are comprised of people who always agree about everything. In fact, the typical family is going to try to maintain a harmonious dynamic but it can sometimes be challenging because of the diverse personalities that comprise the family. This is something to … [Read More]
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