A Power of Attorney is generally considered an essential part of any estate plan, because of how important it is to protect your interests while you are still alive. Without one, you may find yourself in a legally tenuous situation that can cause endless grief for both you and your loved ones. Here are five reasons you should make sure to get a Power of Attorney as part of your estate plan:
Tag: advance directives
Are Your Advance Directives Up to Date?
One of the most essential components of any estate plan is advance directives. These documents can help protect a person’s interests in the event that they become unable to manage their own affairs. However, advance directives are not documents you can simply create and forget about. If they are not up to date, you could face significant legal issues later on. Continue reading “Are Your Advance Directives Up to Date?”
Five Ways to Avoid Legal Problems With Estate Planning
If you are getting older or have a chronic illness, you may have spent time thinking about what would happen to your loved ones if you were to pass away, or if you could no longer take care of yourself. Despite these concerns, you may have put off estate planning. By planning your estate properly, you can protect yourself and your loved ones from serious legal difficulties.
Here are five ways estate planning can benefit you and your family: Continue reading “Five Ways to Avoid Legal Problems With Estate Planning”
What is the Difference Between a Guardianship and a Power of Attorney?
When someone becomes incapacitated or otherwise unable to make their own decisions for themselves, one of two things will happen. If the person has already signed a power of attorney, that will take effect, and whoever has been granted the power of attorney will make decisions on that person’s behalf from then on. However, if they do not have a power of attorney, a guardian will be appointed to fill a similar role. But what is the difference between someone being granted power of attorney, and someone being appointed a guardianship? Continue reading “What is the Difference Between a Guardianship and a Power of Attorney?”
The Benefit of Advance Directives
One of the inevitable realities of getting older is that, eventually, you may not be able to make decisions on your own behalf anymore. When that happens, the plans you have in place will determine how well you can ensure you are taken care of in your later years. It is for this reason that you should strongly consider preparing advance directives as soon as possible. Advance Directives will ensure your interests are protected when you can no longer take care of your own needs. Continue reading “The Benefit of Advance Directives”
Healthcare Proxy vs. Living Will
Advance directives are among the most important steps you can take when protecting yourself in the event of possible incapacity. Among these advance directives, two are particularly relevant during the coronavirus pandemic: the healthcare proxy, and the living will. But what are these advance directives, and how do you know which ones are appropriate for you and your needs? Continue reading “Healthcare Proxy vs. Living Will”
Is a Healthcare Proxy Right for You?
Right now, people are understandably concerned about their health and the health of their loved ones. When a crisis comes, people want to know that they and the people they care about will be taken care of if they are unable to make their own healthcare decisions. It’s for these types of emergencies that you should consider a healthcare proxy. Continue reading “Is a Healthcare Proxy Right for You?”
When to Consider a Power of Attorney
If you have family members that are growing older or have a loved one with diminished ability to care for themselves, you may need to consider a power of attorney. But what is a power of attorney? And when is it appropriate to consider for yourself or your loved ones? Continue reading “When to Consider a Power of Attorney”
Considering Advance Directives
If you or a loved one are advancing in age, or if your health is deteriorating, it may be wise to investigate the possibility of advance directives. Broadly speaking, advance directives are legal documents that convey your desires, if you are incapable of making those desires known yourself. The term “advance directives” generally covers four kinds of documents: living wills, health care proxies, powers of attorney, and Do Not Resuscitate orders (DNRs). Continue reading “Considering Advance Directives”
Did Restaurateur B. Smith Have Advance Directives in Place?
Renowned restaurateur and former model, B. Smith, announced alongside her husband in 2014 that she was suffering from the early-onset symptoms of Alzheimer’s disease. As Ms. Smith’s disease progressed, her husband began an extra-marital affair to cope with the deterioration of his wife’s memory. After going public with the relationship, Smith’s husband received considerable backlash from the online community who condemned his behavior on the assumption that if Smith’s mental state were better off, she would not approve. It is unknown whether B. Smith executed any advanced directives or end-of-life care instructions before her condition worsened.
Continue reading “Did Restaurateur B. Smith Have Advance Directives in Place?”