Living Will Basics Anyone 18 or older and of sound mind can make a living will. It must generally be witnessed by two adults who aren't responsible for your medical care or related to you by blood, marriage or adoption. A living will only...
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An "estate" consists of all of the items a person owns. These can include cars, bank accounts, retirement accounts, furniture, real estate, and life insurance. An "estate plan" is the method in which the estate is passed on to the...
Consider a Qualified Personal Residence Trust for Your Vacation Property Do you own a beach house, ski chalet, resort condo or other vacation getaway? Perhaps it's the place where cherished family...
Living Will Basics Anyone 18 or older and of sound mind can make a living will. It must generally be witnessed by two adults who aren't responsible for your medical care or related to you by blood, marriage or adoption. A living will only...
When mental incapacity arises, attention is often directed to the asset management problems, but equal and sometimes greater problems related to health care decisions are also presented. Perhaps too much attention had been placed on the ultimate...
HOW DO I PROTECT MY CHILDREN'S INHERITANCES? The best way to protect your children's inheritances is by setting up a Revocable Living Trust and having your children receive their inheritance within a sub-trust of your Revocable Trust....
Recently, my husband was hospitalized and then transferred to a nursing home for additional care. When I arrived at this new facility and asked if I could receive his current medication list so she asked me if I was his healthcare proxy. I indicated...
What is a HEALTHCARE PROXY? When mental incapacity arises, attention is often directed to the asset management problems, but equal and sometimes greater problems related to health care decisions are also presented. Perhaps too much attention had been...
Had a very satisfied client in the office recently who exulted over the fact that we had been able to draft a will, power of attorney and other documents in a simple, non-legalese way that he could understand; not be mystified by legal jargon, and...
Power of Attorney is a legal document that allow you to give some one of your choice the power to act on your behalf. With a power of attorney, the person that you appoint will be legally permitted to take care of certain matters for you in the event...
