Category: Health Care Proxy
Leaving a legacy isn’t always about making a big bequest. A Bank of America/Merrill Lynch survey came up with some interesting information, according to The Voice in “How to leave a legacy no matter how much money you have“. The survey included more than 3,000 adults (2,600 of them were 50 and older) who were […]
You can no longer make medical or financial decisions for your children without proper paperwork. It is wonderful to bring up the children, make sure they are educated and see that 18th birthday come along. However, it is important to recognize that many things change from a legal standpoint, according to grbj.com in “Give your […]
If your parents are aging, it might be a good time for a frank discussion. It is quite possible you are beginning to worry about your elderly parents. If that is happening now, then now is a good time to discuss their end-of-life issues, their housing issues and their financial condition, according to Kanawha Metro […]
What is a power of attorney and what is the purpose? We all like to make our own decisions but unfortunately, there may come a time when we cannot. That is when a power of attorney becomes critical, according to Lancaster Online in “Why you’re never too young for a power of attorney“. A power […]
Don’t procrastinate on some of the larger issues in life. It is often easy to become wrapped up in the day-to-day issues of everyday life. However, it is important to note that if you don’t plan on what will become of your assets, then the laws of your state of residence will step in and […]
You don’t want to be struck down with an illness and have your preferences unknown. Even if you are single, you don’t want to be left with your health care in question should you become suddenly ill, according to Morningstar in “2 Estate-Planning Tools That Singles Should Consider“. How do you prepare for such an […]
The next generation may be willing to continue. However, it is important to prepare for the legal issues. If it turns out that the next generation of a family with a farm wants to work it, you have a good start at succession. However, you will also need an estate plan to tackle that job, […]
Do your loved ones know what your want? There is simply no way to know when a sudden health event or an accident could render a person unable to communicate, according to The Advocate in “If you were on death’s door, what happens next? Advance care directives can make sure your wishes are carried out“. […]
A widow may find they face a crushing load of decision making, as well as working through grief. Going from a team effort in life to being a widow throws real challenges to some women as they find themselves unprepared for the solo workload of finances as well as daily tasks, according to The New […]
The chances of needing one, increases with age. A Health Care proxy is good protection and, since the chances of a health crisis occurring increases with age, many people put it off with disastrous results. However, it is important to take your time and choose carefully, according to Forbes in “How to Select A Health […]
