How to Create an Estate Plan That Works
It can be easy to overlook. However, an estate plan is essential for nearly everyone, whether you have a lot of money or just a little.
It can be easy to overlook. However, an estate plan is essential for nearly everyone, whether you have a lot of money or just a little.
Divorce significantly impacts estate planning, requiring updates to wills, trusts and beneficiary designations to ensure that assets are distributed according to new intentions.
From time to time, it’s good to review why having a complete, up-to-date estate plan is so important.
The HIPAA Privacy Rule permits the sharing of health information by healthcare providers, health plans, healthcare clearinghouses, business associates of HIPAA-covered entities and other entities covered by HIPAA Rules under certain circumstances.
If you knock time and money off the excuse list, you can take care of some important estate-planning tasks.
As a kid reaches 18, they’re an adult in the eyes of the law. Therefore, your parental authority no longer exists and in turn you can lose access to information.
Your estate plan should certainly be revised, if you have gotten married or divorced.
Incapacity can occur because of illness or an accident. It can be temporary or permanent. That’s why every adult needs a power of attorney in place, once they turn eighteen.
As a legal adult after attaining the age of 18, your child should have in place several legal documents that will allow you to provide support and obtain information, if something unexpected happens to your child.
A heath care directive is a legal document that lets you express your health care preferences and, if you wish, designate authority to someone to make care decisions for you, if you cannot make them yourself.