Types Of Estate Planning Documents
Posted on February 4, 2008 - Filed Under Legal and Law | Leave a Comment
You may have heard some of the terms, Last Will and Testament, Living Will, Power of Attorney, but are not exactly sure what they are or whether you need them. From an Estate Planning perspective, these documents are essential to ensure that your assets are distributed properly and your legal interests are protected.
Read More..>>Living Will - Why You Need One
Posted on January 29, 2008 - Filed Under Legal and Law | Leave a Comment
A Living Will, also known as a Healthcare Directive or Advanced Health Care Directive, is a legal document used to specify the healthcare or life support you would like to receive under certain conditions. If you are admitted to the hospital you will probably be asked if you have a living will. It is different from a Last Will and Testament, and does not take the place of one.
Read More..>>Information You Need To Know About Your Living Will Form
Posted on January 22, 2008 - Filed Under Legal and Law | Leave a Comment
A living will gives your doctor permission to withdraw or even withhold life support systems under certain conditions. Filling out a living will form will declare that you desire to die a natural death, and that you do not want extraordinary medical treatment nor do you want hydration used to keep you alive if there is no hope for recovery.
Read More..>>Pocket Living Will - Preserves Wishes And Assets
Posted on January 15, 2008 - Filed Under Legal and Law | Leave a Comment
Tragedy was narrowly avoided. For days Mary lay where she had collapsed in the corner of her bedroom. If it wasn’t for an alert mail-carrier she would have died there as well.
But thankfully this story has a happier ending and in no small part due to a little piece of paper she carried with her in her purse.
Mary was 87 years old. She was single - never married and never had children.
Few people visited and she left her home rarely; just to attend church and to buy food.
Read More..>>Estate Planning - Basic Facts
Posted on January 6, 2008 - Filed Under Legal and Law | Leave a Comment
Estate planning involves writing a will but it, itself is not a will. Estate planning can be precisely defined as a series of legal steps that involves permitting your beneficiaries to steer clear of probate and curtail the taxes incurred.
It also requires you to write a living will in which you appoint trusted acquaintances who would acquire the power of attorney and executor status should you be debilitated or die.
Following are certain basic facts about Estate planning:
• It permits you to exercise direct control over how your property will be treated when you are incapacitated.
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