If a person becomes mentally or physically handicapped and can no longer make rational decisions about their person or their finances, his or her loved ones may consider a guardianship or a conservatorship court proceeding. In a guardianship an individual known as a guardian is court appointed to … [Read more...] about Guardianships & Conservatorships and How to Avoid Them
Archives for April 2018
Should a Power of Attorney be a part of my Estate Plan?
A durable power of attorney is an important part of an estate plan. With a power of attorney a preselected agent can be granted power over the financial affairs of the individual signing the document. This power can be limited to specific decisions, like handling the closing of a real estate sale, … [Read more...] about Should a Power of Attorney be a part of my Estate Plan?
A Primer on Advance Medical Directives
While the main objective of estate planning is to help individuals protect their assets and provide for loved ones, there are other important considerations, such as planning for incapacity. In short, it is crucial to plan for the type of medical care people wish to receive if a serious accident or … [Read more...] about A Primer on Advance Medical Directives