When the subject of estate planning arises, most people just think about the financial component. Indeed, it is important to clarify your final wishes for your assets and execute the appropriate documents to direct the transfer of assets to your loved ones after your death. But a estate plan must also consider how your family will care for you if you are incapacitated and unable to communication. A critical part of this planning is a living will. If you were following the news cycle during … [Read more...] about Have You Executed A Living Will?
When your children turn 18 it is an exciting time for both them and you. This is when their lives as adults start; maybe they will be going off to college, starting a new job, or moving across country. Although a lot of parents feel a certain amount of sadness when children leave the nest, it is exciting to see the children you raised spread their wings and fly. During this exciting time for your family, there are still some important issues to consider that you may not have thought of. Because … [Read more...] about If Your Child Is Turning 18
Many of our clients are relieved to know that someone will be able to help them with medical decisions if they are too ill to make those decisions themselves. However, they still have many questions. Here are answers to the most frequently asked questions about medical powers of attorney: When is a medical power of attorney effective? The medical power of attorney is effective when you are so incapacitated that you are unable to make those decisions yourself. This power of attorney ends at … [Read more...] about FAQ: Medical Powers of Attorney