Many people assume that estate planning is a purely financial endeavor. You state your wishes with regard to how you want your assets to be transferred through the terms of a will or trust, and that’s the end of the story. This is actually an incomplete understanding. Yes, the facilitation of asset transfers will be at the core of the process, but you should also address eventualities that you may face at the end of your life. Admittedly, no one is especially anxious to consider these … [Read more...] about Don’t Overlook Advance Directives for Health Care
More and more, Americans are choosing to be cared for and are dying in their own homes. If you wish to be cared for and die in your own home, it’s especially important to have a plan in place to facilitate that choice. Read on to learn more. How Will You Age in Place and Be Able to Die at Home? … [Read more...] about How Will You Age in Place and Be Able to Die at Home?
When you think about the matter of estate planning, arranging for postmortem asset transfers will probably come to mind. Without question, you have to execute a will or some type of trust to state your final wishes. The ideal course of action will depend upon the circumstances, and there are many possibilities. This is one of the most important financial decisions you will ever make, so you should certainly discuss your options with a licensed estate planning attorney. End-of-Life … [Read more...] about Incapacity Planning Is a Must
Estate litigation has somehow found its way front and center in this particular law sector. The reason is simple: poor estate planning. When your estate plan is vague or open to interpretation, you can be sure that’s exactly what will happen: people will try to interpret your decisions. It’s unfortunate, but it can also be avoided. Selecting an estate planning lawyer with experience and a commitment to each of his clients’ needs should be top priority. The more he knows about your needs, you … [Read more...] about Your Best Protection Against Estate Litigation
The past several weeks have brought us the tragic story of a young woman, pregnant with her second child, and also “brain dead”. The story unfolded several months ago in Texas when Marlise Munoz suddenly passed out for a considerable amount of time before being found. The damage was catastrophic and not surprisingly, her family wanted more than anything to ensure she wasn’t in pain. There were concerns about whether the fetus she carried could become a full term newborn. As it turned out, the … [Read more...] about Tragic Reminder of Importance of Advanced Directives