Each of us, to varying degrees, is affected by this national tragedy. We face similar issues in environmental tragedies such as hurricanes and in personal tragedies such as serious illnesses. In each instance, we prepare the best we can. We plan for ourselves, so that we can reduce anxiety if a crisis arises. We plan for our aging parents who nurtured and guided us. We plan for our spouse or life partner who has helped us to grow in ways we could not have imagined when we … [Read more...]
The Passing of a Loved One
It is the call we all know will come one day. One or both of our parents have fallen seriously ill. Of course, our first reaction is a concern. But, after the shocking moment has passed, we wonder “what do I do now?” If your parents have done effective legacy wealth planning, they would have some or all of seven elements that would ease your path. First, a Health Care Power of Attorney (sometimes referred to as a Health Care Directive, Living Will, or Health Care Proxy) will designate … [Read more...]
Staying Current is Especially Important in the Pandemic
A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. During the COVID-19 pandemic, it’s important to have them up-to-date. Read on to learn more. … [Read more...]
Staying Current is Especially Important in the Pandemic
The President’s bout with COVID-19 demonstrates the importance of keeping planning current. A Health Care Power of Attorney appoints someone to make decisions for you if you’re not able to do so for yourself. An Advance Directive expresses your wishes regarding end-of-life decisions. Read on to learn more. … [Read more...]
Crawfish are Red, Violets are Blue, an Estate Plan with Your Spouse is Long Overdue
Valentine’s Day seems an ideal time to celebrate your spouse! Let's face it, it's a miracle some of us find a soul mate, a best friend, a partner in crime...whatever you call them. Someone that not only tolerates all your quirks on the daily, but still loves you "for richer or poorer" and "through sickness and in health." I can think of no greater way to celebrate this type of long-term devotion than to take the appropriate estate planning measures with your sweetheart in mind. Like your … [Read more...]
