Living Will vs. Medical Power of Attorney
There may come a time when you are mentally incapacitated and important decisions need to be made. Naming someone to make medical decisions for you is an important matter, and it’s essential to put a lot of thought into who you choose for this critical role. Without having someone in place, you leave your life […]
Choosing a Guardian in Your Estate Plan
It is important to keep in mind that when planning for the future, there are different scenarios to think about. One of the most imperative scenarios to think about is the unfortunate event that were to become incapacitated and unable to carry out decisions for yourself. By creating a will, you can easily settle many […]
Going Through a Divorce? You Need to Update Your Estate Plan
If you decide to divorce, it’s important to not overlook updating your estate plan. Consider this scenario: You suddenly die and your ex-spouse inherits everything then when he dies his new wife inherits what’s left. Or what if you survive a car accident but are hooked up to a life support system? Who do want […]
What Is Incapacity Planning?
Incapacity is something that we all don’t want to happen, but must prepare for—for the sake of our property, our family and ourselves. When someone is incapacitated, it means that he or she can no longer make sound decisions for him or herself. This can be permanent or temporary, and can result from various causes […]