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February 2012 Archives

An inheritance should not be your financial plan

It certainly works into an individual's financial favor if they inherit property, money or other assets when a loved one passes away. Inheritances are a common aspect of estate planning and a good way to leave loved ones with monetary gifts upon death. However, some of the beneficiaries of these blessings have the wrong mindset on how to treat them.

Living wills can limit surgeons

As we have often discussed on this blog, a living will has a number of purposes. One of those purposes is for an individual to specify how they want doctors and family members to treat them medically if they are incapacitated and can't vocalize those preferences. A will can instruct doctors not to take extraordinary measures to keep them alive, like hooking them up to a life support system or ventilator.

Why you need someone to speak for you, when you can't

Needing someone to speak and make decisions on your behalf while you are still living might seem like a long shot. But, these situations are more common than you might have thought. Tragic accidents like the recent highway tragedy in Florida or other incidents can incapacitate us to the point we can't vocalize our decisions. This can also happen via a debilitating illness, like dementia.