A living will is a legal document that a person uses to make known his or her wishes regarding life prolonging medical treatments. It can also be referred to as an advance directive, health care directive, or a physician’s directive. A living will should not be confused with a living trust, which is a mechanism for holding and distributing a person’s assets to avoid probate. It is important to have a living will as it informs your health care providers and your family about your desires...
26 Jul
Power of Attorney and estate planning is an important part of an individual’s life. These documents give the appointed person(s) the power to act on your behalf. The Power of Attorney can be limited such as the sale of your home, or general for a variety of circumstances. Estate planning consists of involving an advisor that you trust and knows your concerns, goals, assets and your family. It can include different professionals, such as an accountant, banker, broker, financial planner,...
29 Oct
Power of attorney, what it actually means, is appointing another person or people authorization to make financial decisions on your behalf, in case of illness or an accident, in case that you are not mentally capable to make decisions on your own. It is a document that is signed by you and witnessed by two individuals. Attorney should not be confused as your lawyer, but refers to the person that you select to authorize your affairs. There are two types of Power of Attorney, the first being A Continuing...
29 Oct
