Posts Tagged ‘Financial power of attorney’
How Does Estate Planning Help Protect those with Mental Health Struggles
It’s important for individuals with mental health issues to work closely with experienced estate planning attorneys and mental health professionals who can provide guidance on creating a plan that addresses their unique needs and circumstances.
READ MORE →Granddaughter Now Sole Custodian of Elvis’ Legacy
It’s another cautionary tale illustrating why talking with your family about your wishes and making sure you work with an estate planning attorney to be sure they are properly executed is important.
READ MORE →What is a Power of Attorney and Why It’s Important, Especially Now
With the COVID virus starting to make a second surge across the United States, including here in Arizona, one of the most common questions I get from people both online and in person is relating to Medical and Financial Powers of Attorney. Usually it is from folks with an aging or ill parent or parents or parents of…
READ MORE →Why Unmarried Couples Need Estate Planning the Most
If you have ever watched Judge Judy on TV, you may have heard the iconic judge tell couples who have been living together “without the benefit of marriage” that courts are not designed to handle the legal ramifications of “setting up shop” together. Yet it is happening more and more. For many reasons, older couples…
READ MORE →What is a Power of Attorney?
One of the most common questions I get from people both online and in person is relating to Medical and Financial Powers of Attorney. Usually it is from folks with an aging or ill parent or parents or parents of teens turning 18 and moving away from home (usually either traveling or away at school).…
READ MORE →6 Estate Planning Myths Debunked
US News and World Reports wrote an excellent blog post detailing the six most common estate planning myths. I thought I would share the list with you because it is a great overall reference: A will is perfect for making sure property in your name alone is distributed properly, such as a house, jewelry, cars etc.…
READ MORE →An Ounce of Prevention is Worth a Pound of Cure
An acquaintance told me recently that her mother is being taken advantage of by her son. It was a heart-wrenching story for sure. Unfortunately, due to circumstances I can’t elaborate on, I was not able to help her mother with any preventative measures. Perhaps the saddest part about her situation is that fixing the problem…
READ MORE →DIY Estate Planning: Have You Really Taken Care of Everything?
Just this week I visited a man (let’s call him “Rick”) in the ICU. What started out as a nice spring motorcycle ride with his buddies, turned into a life-threatening accident when Rick suddenly lost control of his bike. He was rushed to the nearest trauma hospital and after a few surgeries, he woke up…
READ MORE →Protecting Your Special Needs Child
While many parents become experts at how their health insurance, government benefits and SSI work, they have no knowledge of medical directives and/or living wills and what those plans will do for the care of their special needs kids. Here are some basic guidelines to discuss with your Estate Planner: 1. Have your own…
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