April 16th is National Healthcare Decision Day.
For the past two weeks, we've discussed Healthcare Powers of Attorney, their importance and the family benefits they and other similar documents provide. This blog discusses a few practical matters.
Do Something - Now
Estate planning is one task that is very easy to avoid. There is always something else that is more
urgent, more interesting and more fun. I know. I delayed for years, myself. But a little cardiac scare was my catalyst.
My wife and I went to a respected local attorney who specializes in estate planning. He looked at what we had done and though we had put all of our assets in joint tenancy with right of survivor-ship, that was less than half of what we needed to do It seems that if my wife and I died in a common accident, mostly everything would be distributed through the wills, which must be probated to let the kids sell the house and distribute other assets.