by designonetest | Nov 3, 2022 | Estate Planning
A living will is not the same thing as a last will & testament. Living wills refer to medical decisions while last will & testaments refer to the inheritors of your property. As you consider your estate planning, know that your health and assets should both be...
by designonetest | Nov 3, 2022 | Estate Planning
Everyone should have a living will, no matter what their age. As you consider your estate planning, don’t neglect the medical portion of it. Most people are concerned with who will inherit their property when they pass, but don’t pay enough attention to their medical...
by designonetest | Nov 3, 2022 | Estate Planning
A living will, a.k.a an advance directive or healthcare directive, is a legally-binding document that indicates which medical treatments and end of life care you prefer in the event you become incapacitated. This is especially important if you don’t have a durable...
by designonetest | Nov 3, 2022 | Estate Planning
In some cases, a power of attorney can be revoked or overridden. This can be done to protect the person in situations where they’re being abused, neglected, or taken advantage of by their appointed agent. Court-appointed guardian A court-appointed guardian can request...
by designonetest | Nov 3, 2022 | Estate Planning
The primary difference between power of attorneys and living wills is that a POA is designated to make decisions on your behalf. A living will on the other hand is simply a document that lists your medical preferences in certain scenarios. It can be referenced when...
by designonetest | Nov 3, 2022 | Estate Planning
There are three types of Power of Attorneys (POA) that you need to consider: Financial Power of Attorney, Medical Power of Attorney, and Durable Power of Attorney. Financial Power of Attorney A financial power of attorney lets you appoint a person to manage your...
