As you age, it's important to stay in touch with your estate plan. What you had in place in your 30s and 40s may no longer suit you now that you are closing in on retirement age.
When many people hear the phrase "health care power of attorney," confusion immediately sets in. People don't know what it is, if they need it,or how it could improve their estate plan.
As you create an estate plan, it's only natural to spend most your time on your will or trust. This goes a long way in ensuring that the right people receive your assets upon your death.
hen it comes to estate planning, you can never be too cautious. It's imperative that you understand the finer details of your situation, including the steps you can take today to improve your family's life in the future.
A living will can be confusing for many reasons, including the fact that this isn't actually a will. A living will is a legal document used to express your desire and preferences regarding health care in the event that you are unable to communicate instructions.
As you enter your 30s, it's safe to assume that you have a lot on your plate. From starting a family to devoting more time to your career, there's always something on your mind.
When you think about an estate plan, you might automatically think about the will and trusts. There are other aspects of estate planning that you need to think about when you are coming up with your plan.
When it comes to estate planning, there are many things that can happen in your life that call for an immediate review of your situation.
Millennials have a lot on their mind. From finding love to starting a career, they're always on the go.
Medical issues arise every day. Some of them, like allergies, are recurring and predictable. Others, like motor vehicle crashes, sudden falls or heart attacks, are sudden and unpredictable. Those unpredictable medical events can leave your loved ones in a tough situation, unless someone received medical power of attorney. It can seem morbid to consider or like you're handing over control to someone else, but taking the time to appoint someone you trust to make decisions on your behalf is a wise choice. It gives you peace of mind to know that you'll be taken care of properly in case of any medical issues.