Many people believe they are prepared for end-of-life care if they have created and signed a living will. Unfortunately, medical professionals misinterpret end-of-life care documents more often than you think. The issue is that medical professionals often have little training…
During the estate planning process, it is very important to implement Power of Attorney documents. All states recognize powers of attorney, but rules and requirements will differ from state to state. The document gives one or more individuals the legal…
Estate planning is essential to most older adults. Still, nearly half of Americans age 55 and older have no will, and fewer still have powers of attorney, a living will, or health care directives. You can use these documents to…
Creating an estate plan can ensure that your assets, interests, and loved ones are protected after you pass away. Unfortunately, many individuals make costly estate planning mistakes without proper advice and guidance from a qualified estate planning attorney. Poor planning…
Power of attorney is an essential tool when planning, when you may become incapacitated and require a trusted agent to manage your affairs. These legal documents can grant broad authority to one or more power of attorney agents to transact…
Young adults, including 30-year-olds well into their professional careers, all too often think they are too young to concern themselves with estate planning. People in their twenties and thirties typically believe they don't own enough to constitute an estate. However,…
1.My family and I don’t own much. Can’t we put off planning until we can afford it? You shouldn’t. It is crucial to give legal authority to a person of your choice, to care for your children if anything should…
It’s essential to have conversations with your aging parents about their finances. To broach the topic, you might bring up current events like the coronavirus pandemic, its effect on economic conditions, and how it relates to the security of their…