The process of estate planning should be viewed in a holistic manner. Yes, you want to make sure that your loved ones receive their inheritances when the time comes, but you should also consider end-of-life eventualities. Anticipated Longevity It can be difficult to imagine a time when you will be unable to handle all of your own affairs. This being stated, when you see someone that is in their 80s, you would not be surprised to find out that they were experiencing some level of cognitive … [Read more...] about Proper Planning Can Prevent a Conservatorship
Advance Health Care Directives
There are a number of different things to think about when you are planning your estate. Yes, you have to arrange for the passing of your legacy, and there are a number of ways to go about it. The best choice will depend upon the circumstances, and this is why you should discuss your options with an estate planning attorney. In addition to the postmortem processes, you should think about the eventualities that you may face toward the end of your life. There are legal documents that should be … [Read more...] about What Is a HIPAA Protection?
Most people in the United States do not have estate plans in place, and the overall lack of preparedness is a head scratcher. We will devote a future blog post to the results of a recent survey on the subject, but suffice to say that most people between 35 and 55 are unprepared. This is the confusing part, because a very significant percentage of people in this age group have dependent children. It is irresponsible to go through life without an estate plan when you have others depending on … [Read more...] about Young Adults Need Advance Directives
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 and those that you would prefer to deny. When you execute a durable medical power of attorney, who empower a person of your choosing to make medical decisions in your behalf if you … [Read more...] about Advance Health Care Directives & HIPAA
Healthcare choices have gotten a lot of attention in the news over the last couple of years, and this is something that everyone can address in their estate plan via an advance health care directive or living will. This is a legal instrument that, among other things, allows you to communicate exactly what medical procedures you will allow or disallow. So if you want to be kept alive with life support systems, you can make that known, and if you don't, you have the legal right to record that … [Read more...] about Advance Directives A Must For Same Sex Couples