As part of your estate planning process, you should 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 authority to…
Most older adults realize the importance of estate planning. Yet, nearly half of Americans age 55 or more are lacking a will, have no designated powers of attorney, and have not composed a living will, or health care directives. These…
When you lose a spouse or a long-time partner, it is difficult to work through your grief to make decisions about your finances and your estate plan. However, these decisions should be made as soon as possible. In truth, estate…
Discussing your mortality openly and honestly with family can be sobering, but sensible. No one enjoys thinking of death, and yet with forethought, you can ensure that your estate plan and your healthcare arrangements best reflect your wishes. It is…
About 50% of Americans do not currently have a will. While a will is a necessary document that every person who owns assets should have, it is still a relatively simple document that may not cover everything you want it…
One of the most crucial components of an estate plan is a durable power of attorney. It allows someone who you appoint (your agent) to make decisions on your behalf in the event you become incapacitated. If you have not…
The records conveying your final wishes for care and asset management are called powers-of-attorney documents, and these entrust an appointed person to act on your behalf when you are no longer able to. But when it comes to actually using…
Imagining how we may perish is probably one of the hardest things we will ever have to think about. Yet, if we want our dying to be meaningful and merciful, it is imperative that we think about it while we…
At some point in time, you are likely to be asked to be power of attorney for an elderly or ill loved one. Your person may be planning for when they might become unable to take care of their affairs.…