Some people do not want life-saving medical care in certain situations. They would not like to be resuscitated if they stop breathing, for example, or if their heart stops beating. There are many reasons why people choose this, from personal religious reasons to...
No one wants to think about the possibility of being critically injured or seriously ill and being in a hospital in a coma or otherwise unable to communicate with their medical providers. If that were to happen, however, most people would want a trusted family member...
Many people believe that estate planning is only necessary for the elderly or those with life-threatening conditions. However, adults of all ages can benefit from making an estate plan, including young adults. While it isn’t something that most people like to think...
If you are like most American adults, your digital assets, including social media accounts, digital photos and videos, online banking and investment accounts, email accounts and material stored in the Cloud, likely play important roles in your daily life. Have you...
If you have a will, then you are already ahead of most Americans. The majority of adults in the U.S. have yet to address their estate plan. Nonetheless, a will is something that needs to reflect your current needs and wishes. Over the course of even a year, many...
A power of attorney is a legal document that you can add to your estate plan to give someone else the ability to make decisions for you. For instance, you are generally the only one who can access your financial accounts. But you can use a power of attorney to give...
When you’re setting up a trust, you may be focused on the beneficiary and how the trust will affect them. But it’s also very important to carefully consider who you choose as the trustee. They are the one who will actually distribute the payments and make sure that...
Estate planning is something that every adult should consider. Often, it is thought of as something only relevant to elderly individuals or those with illnesses, but this is far from the truth. Estate planning documents should be founded upon the true wishes of their...
Creating your estate plan requires you to consider every asset you own. For some people, their financial accounts are a major concern. The good news is that you can easily pass these down to your loved ones. Most financial accounts have a payable-on-death...
One thing that you can do with an estate plan is to set up a power of attorney. This legal document gives you the chance to choose an agent. If something happens that means you are incapacitated – such as having a stroke or suffering a serious brain injury – then this...