Category: Power of Attorney / POA
You cannot control the action of an adult child, but you can prepare for it. No matter how close family members may be, they do not always agree with your viewpoints and that can create some real problems in later years. However, those problems can be avoided, according to “Aging parents can protect against unwanted […]
It can be the best of times and it can be the worst of times. When the kids head off to college, you will find that the move will have an impact on your finances and how you handle those changes may well have an impact on your future, according to The Cross Timbers Gazette […]
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 […]
If you don’t have a relationship, you need to look at your options for retirement. If you are not married, do not have a life partner and do not have children, you need to take a different look at your retirement package, according to ABC Action News in “Single? How you should plan differently for […]
Laws vary from state to state, so it would be wise to consult with an estate planning attorney on where you stand legally. Many people who retire prefer to reside in a warmer climate in the winter if they reside in a colder climate the rest of the year. However, before they head south, it […]
A will is needed with a durable general power or attorney and a health care proxy. A last will and testament (generally known as a will), a durable general power of attorney and a health care proxy are three of the key items in an estate plan, according The Daily News in “How Useful is […]
The older one gets, the more expensive the insurance becomes, that is, if it is still available. The possibility of needing long-term care insurance can be a thought that one would like to avoid. However, the truth is it should be discussed and taken into consideration in retirement planning, according to CNBC in “Plan ahead […]
There are several measures you can use to protect yourself and your family. The life expectancy for Americans is getting longer and longer, with the concept that the longer you live the more likely you’ll have an even longer life span, according to Kiplinger, in “Are You Ready for Longevity? 4 Steps to Take Now“. […]
Don’t wait until it is too late. Get a POA now. While most people are familiar with a will in an estate plan, a power of attorney draws a lot of misconceptions, according to the article in A Place For Mom “5 Misconceptions About a Power of Attorney“. Misconception #1 – You can sign a […]
There are tools in an estate plan that a college student may need and are also beneficial to you. If your child is heading off to college, you have prepared them already with background education and the ability to live away from home. However, are they prepared with the documents that an adult needs? They […]
