Should I Know About Advance Directives?
Advance directives typically consist of a living will and a power of attorney for healthcare.
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Advance directives typically consist of a living will and a power of attorney for healthcare.
Robert, the older brother, and Lon, the younger one, were close as they were growing up in the Queens borough of New York City. However, when their mother passed away and left the bulk of her estate to Robert, Lon was devastated.
Here’s a simple financial question: who is the beneficiary of your IRA? How about your 401(k) or annuity?
Just 34% of adult Americans have an estate plan and 37% of respondents said they didn’t have a plan at the ready.
Here are three smart moves to make when picking (or adjusting) your life insurance beneficiaries.
One goal of estate planning is to bring some certainty to a multitude of variables. Recent increases in inflation, interest rates and market volatility, however, are causing some experts to reassess their options.
One of the biggest challenges that clients encounter during the process is deciding who to appoint as their trustees, powers of attorney, health care surrogates and executors.
Doing some ‘upstream’ planning now will take the guesswork out of what’s coming your way.
An element of advance care planning, a living will is a legal document that provides specific instructions on how to carry out your wishes to receive or decline such treatments when you otherwise can’t communicate those wishes yourself.
It is your right to keep your health information private, but is that always what is in your best interests?
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