Category: Health Care Agent
You need a Health Care Proxy, if you are an adult. It doesn’t matter what stage of life you are in. If you are an adult, you always should have a Power of Attorney, according to Benefits Pro in “Designating powers of attorney: Selection, documentation, and communication best practices“. The Health Care Proxy is also […]
You have your own ideas on what should happen if you are incapacitated. However, your loved ones could have other ideas. What happens if you do not have a Health Care Proxy? For example, if you are in an accident and decisions need to be made about your medical care, your family might not have a […]
The wishes you have expressed in a medical directive don’t do any good if no one knows about them. The system of medical records used in the U.S. does not make it easy for doctors to know that you have a medical directive and that you have expressed your wishes ahead of time, according to […]
Doctors and other health care workers are trained to save lives whenever possible, but that can get them in trouble when patients don’t agree. Millions of people now have advanced medical directives. This can cause conflicts and problems for health care workers, according to The New York Times in “The Patients Were Saved, That’s Why […]
Former NBA player Lamar Odom may have made a mistake with his estate planning when he apparently didn’t consider divorce in his planning. Lamar Odom, husband of reality TV star Khloe Kardashian, was found recently near death in a Nevada brothel and may have made a mistake in his estate planning prior to the incident […]
The competency of Sumner Redstone, who owns a controlling interest in both Viacom and CBS, is being questioned as an ex-girlfriend files an application in probate court to have him declared incompetent. There is considerable disagreement on whether the ex-girlfriend of 92-year-old Sumner Redstone is after his money or out to help her long-time companion […]
The appointments of a health care agent and a financial power of attorney can sometimes lead to conflict. Conflict can sometimes arise between a financial power of attorney with authority over a person’s financial affairs and a health care agent under a health care proxy with authority over a person’s medical affairs. While they are […]
“So don’t give away your money. There are other things you can do ahead of time. Talk to an elder law attorney to make sure you are maximizing your dollars, that you can still give your kids some kind of inheritance and still go into a skilled nursing home on Medicaid.” A recent article in […]
Having a say in your own mental healthcare may be very important to you. But what if someday you’re unable to make decisions about your treatment? A psychiatric advance directive (PAD) is a document written while you’re mentally healthy that can speak for you if you become incapacitated by mental illness. Almost everyone who has […]
Taking the time to sit down with your spouse and update your estate plans will ensure that, should the worst happen, your new family is prepared to handle the unexpected. A recent Motley Fool article, titled “Estate Planning for Newlyweds,” says newly married couples should start their estate planning out small by changing their account […]