As we begin the year, it’s a good time to think about updating your plan. This includes your entire plan, including Powers of Attorney. Powers of Attorney are part of even the simplest estate plan. A Power of Attorney allows your Agent to act for you. There are Powers of Attorney for financial matters and also those for health care. It’s important to consider whether you need to update either of these powers. Read on to learn more. … [Read more...] about Updating Your Plan: Powers of Attorney
Updating Your Plan: Beneficiary Designations
As we approach the end of the year, it’s a good time to think about updating your plan. This includes your entire plan, including beneficiary designations. Beneficiary designations may control a large part of your assets and it’s important to be sure your plan is coordinated to consider these. Read on to learn more. … [Read more...] about Updating Your Plan: Beneficiary Designations
Planning for the Sandwich Generation
The Sandwich Generation is torn between care taking responsibilities for their minor children and their elderly parents. They also need to take care of themselves. The article below describes how to plan! Planning for the Sandwich Generation … [Read more...] about Planning for the Sandwich Generation
Planning for the Unexpected
This article examines the death of Charlotte Fox, one of the most famous mount climbers ever, who fell down her stairs at home. You never know what risks might be around the corner, so you should be prepared. The article looks at the elements of a basic plan. Planning for the Unexpected … [Read more...] about Planning for the Unexpected
Incapacity Planning With Advance Health Care Directives
When you look at the most recent census statistics one fact really jumps out and grabs you: We are getting older as a society. Senior citizens are the single fastest growing segment of American society. To add to this amazing trend the oldest among us, people who are at least 85 years of age and older, are the subset that is most rapidly expanding. While it is true that there are people who reach advanced ages who are fully capable mentally and physically, there are those who aren't. This is … [Read more...] about Incapacity Planning With Advance Health Care Directives
Conservatorship and Guardianship
The point of comprehensive, holistic estate planning is to examine all of the realities that go along with the inevitable process of aging and prepare yourself and your family for any possible eventuality. Some of these things are not pleasant and there is no candy coating them, but they need to be addressed all the same. Nobody is especially anxious to think about a time in the future when they may become unable to make their own decisions, but we have all known or heard about people in this … [Read more...] about Conservatorship and Guardianship
