Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
Can Planning Wait Until Tomorrow?
Can you really afford to put off estate planning? It’s easy to put off estate planning. We get busy and think it can wait until tomorrow. Then tomorrow… In just a blink of an eye, your life can change for the worse. You need somebody to step up and make decisions for you or sue […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
Are you frozen in the headlights?
Paralysis by analysis is more common than you think. What I mean is that people do too much research before they decide and take action. Do you need to understand how a watch works or tell time? You have insurance, but do you know the inner workings of the insurance industry? Or do you just […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
Is a Living Will the same as a Do Not Resuscitate Order?
Those two documents are different, but often work together. A Do Not Resuscitate Order is a Doctor’s order. A Living Will is your written wishes as to end of life decisions if you can’t make them. A Living Will does not mean don’t treat me. Rather it means that if the end is near, and […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
How to Protect Your Assets and Prevent Probate
Durable Power of Attorney A Durable Power of Attorney allows you to pick a trusted family member or friend (your “attorney-in-fact” or “agent”) who will take care of managing your money and other property if you become mentally incompetent. That is, you are unable to make rational and informed decisions or become incapable of resisting […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
Can’t my spouse make my medical decisions?
It is a common misunderstanding that your spouse automatically has the power to make your medical decisions. If you don’t have a healthcare power of attorney in place, your spouse may have to go to court to get permission to make healthcare decisions. You can stop that from happening by setting up a Healthcare Power […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
What does a Living Will do and not do?
A Living Will is a good starting point to help you plan end of life medical decisions. However, a Living Will does not appoint somebody to make medical decisions for you. What if you are unconscious or incapacitated? If you only have a Living Will then your family may be forced into court to get […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
Is a “Will” all you need to prevent Probate?
No. You need more than a “Will” to prevent Probate. Your Last Will and Testament is your map to how you want your estate (belongings – financial, real estate, and personal) to be distributed. Your Personal Representative is in charge of following your wishes laid out in your Will. If you don’t have your home, […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
Do I Have an Estate?
Don’t think you have an estate? Think again! Almost everybody has an estate. One thing I hear often is “I don’t have an estate.” Nothing could be further from the truth. If you are reading this, then you probably have a phone, tablet, or computer. That is part of your property. Your property is your […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
The Most Important Documents
I’m often asked what is the most important, a Will or Trust? My answer is that a durable power of attorney is more important than either of those. Why? If you don’t have a durable power of attorney (and healthcare power of attorney), your rights to manage your private affairs can be ripped away from […]
Working with families, elderly, and disabled to create & implement effective wealth protection strategies to give peace of mind without worry.
If You Don’t Plan, the Government Does
If you haven’t written your own estate plan, the state has written one for you! First, they have written a plan for your care during your lifetime. It is called guardianship. If you are no longer able to manage your own affairs, hopefully a family member and not Adult Protective Services will ask a Judge […]
