Estate Planning After Your Will is Drafted

August 29, 2014

I talk with a lot of people who have absolutely nothing done in their estate planning efforts.No will, no medical directives, nothing. So, I spend a lot of time talking about what would make up the standard “Estate Planning 101” package that they could have an attorney draft.  The basic documents that nearly everyone should have in place are a will, powers of attorney for financial and medical decisions, and advance medical directives.  With these basic documents in place, most people could check “estate planning” off of their to do list.  But, to dig a layer deeper, what are some things that you can do after you’ve signed your basic documents, never to look at them again? Continue reading “Estate Planning After Your Will is Drafted”

Get a Durable Power of Attorney for Your Parents – Unless Your Mom is Betty White

May 16, 2011

The problem is our parents aren’t as feisty and sharp as Betty White is but they think they are.  Betty who is 89 is still working and even signed on a show on NBC slated for the fall about practical joke playing seniors.  Personally I am not so sure I want to work until 89, unless of course I am asked to be the host of Saturday Night Live at the time.  The issue is with the parents – our parents not wanting to believe they will have a diminished capacity.  Seriously.  Who would? Continue reading “Get a Durable Power of Attorney for Your Parents – Unless Your Mom is Betty White”