Those who want to be comprehensively prepared for the future should be very practical and avoid wishful thinking. If you prepare for potentially challenging situations in advance you are doing what you can to control the fallout. With the above in mind you would do well to execute the appropriate incapacity planning documents when you are planning your estate. There is a distinct possibility that you will suffer a period of incapacity before passing away. This sometimes happens to people … [Read more...] about Documents to Include When Planning for Incapacity
Role Reversal: Taking Care of Aging Parents
As your parents get older you must try your best to work together as a family. It can be difficult for some senior citizens to accept the reality of reduced capabilities setting in, but be this as it may it is up to the children to take the appropriate actions. When you look at the statistics you see that the majority of senior citizens require some form of living assistance eventually. Some people receive in-home care, and more often than not this care is provided by family members and/or … [Read more...] about Role Reversal: Taking Care of Aging Parents
Obtain Your South Carolina Estate Planning Report
Far too many families find themselves in difficult situations due to a provider's lack of long-term planning. There are a number of reasons why so many individuals do not take action to put an estate plan in place. One of them is the simple fact that they don't understand some of the consequences that go along with a failure to prepare for the future. To help people gain an understanding of estate planning, all that it entails, and why it is important we have prepared a report. We are offering … [Read more...] about Obtain Your South Carolina Estate Planning Report
Incapacity Planning & the Celeste Holm Estate
The world of entertainment lost one of the greats recently when the versatile actress Celeste Holm passed away at the age of 95 in her apartment in Manhattan. Holm's career spanned a number of decades and she appeared on the silver screen, on the stage, and on television. She won an Oscar for Best Supporting Actress for the film Gentleman's Agreement in 1947. Subsequently she appeared on numerous different television shows including Cheers, Dr. Kildare, Falcon Crest, Fantasy Island, and Archie … [Read more...] about Incapacity Planning & the Celeste Holm Estate
Positive Development on Alzheimer’s Front
Making sure that your financial house is in order is certainly at the root of estate planning as we all know. However, some people stop there and fail to see the total picture. Elderly individuals do not usually die without suffering some type of gradual decline. In many cases this can include a period of full or partial incapacitation. As a result, it is wise to consult with a good South Carolina estate planning attorney to make sure that you are preparing for all eventualities … [Read more...] about Positive Development on Alzheimer’s Front
Incapacity Strikes Significant Percentage Of Elders
You have to be prepared for the possibility of incapacity if you want to plan ahead for the future in a comprehensive manner. This falls into the category of those instances when you hope for the best but make sure that you are ready for any challenges that may present themselves. There are those who don't take incapacity planning seriously because they are under the impression that it is very unlikely that they will ever become unable to make their own decisions. But when you put the matter … [Read more...] about Incapacity Strikes Significant Percentage Of Elders
Long-Term Care Help For Veterans
Planning for the future can be challenging because you can't be certain about the costs that you will be facing. You don't know exactly how well your health will hold up or what the health care system will look like in 10 or 20 years. In addition to this there are talks about alterations being made to Medicare and Medicaid. Though there are things that are out of your control, it is important to be proactive about doing what is necessary to gain an understanding of all that is available to … [Read more...] about Long-Term Care Help For Veterans
Incapacity Planning Is Essential
The process of estate planning is of course centered around the preparation of your assets for eventual transfer to your loved ones after you pass away. But, when you start to consider the details in-depth you will usually come to the realization that most people don't pass away one day after being in good health for the days, weeks, months and years preceding their deaths. It is not uncommon for people to go through a period of incapacity during the latter stages of their lives and it is … [Read more...] about Incapacity Planning Is Essential
The Risks Associated with NOT Having a Power of Attorney
A financial power of attorney or power of attorney for healthcare can be an extremely beneficial addition to your estate plan. Both of these documents can make a big difference in your life, if you’re ever unable to make your own decisions. Not having a power of attorney has risks. Take a look at some of the information below to learn more about the importance of a power of attorney. If you become incapacitated risks are realized: Without a financial power of attorney, your family will … [Read more...] about The Risks Associated with NOT Having a Power of Attorney
Advance Health Care Directives: A Necessary Inclusion
When the topic of estate planning arises people generally think about preparing their assets to be transferred to their loved ones after they pass away. Indeed, this exercise is at the core of estate planning, but during current times there are other issues to consider as well. Medical science is capable of some amazing things as technologies advance, and doctors can now keep people alive using artificial means for extended periods of time when they are in an unresponsive and terminal condition. … [Read more...] about Advance Health Care Directives: A Necessary Inclusion
