When your loved one asked you to serve as his or her health care proxy, you may have felt trusted and hoped you would never have to fulfill the role. Then recently, you got the news you hoped you would never hear -- your loved one can no longer make decisions for him-...
Month: April 2020
Consider a living trust for these reasons
When creating or modifying your estate plan, consider every option that's available to you. By taking this approach, you reduce the risk of making a mistake that could complicate matters for your loved ones in the future.Many people overlook the benefits of a living...
Were you named a beneficiary in a will?
You may know for a fact that you are named as a beneficiary in someone's will. For example, your parents may have made it clear to you that you are their sole beneficiary.Just the same, there are times when you may be surprised to find that you're someone's...
Long-term care planning should be part of your estate plan
Estate planning has a way of confusing people. Many people focus so much time on their assets and distribution upon their death that they overlook other details of importance.For example, long-term care planning should be a big part of your estate plan. Without this,...
Durable financial power of attorney: Choose the right agent
In the event of incapacitation, you want to know that there is someone who can step in to manage your finances. Furthermore, you want to know that the court won't make this decision on your behalf.A durable financial power of attorney allows you to name an agent. This...