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Showing posts with the label advance healthcare directive

Midyear Reality Check: 6 Tips for Updating Your Estate Plan

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As we near the end of June and sneak up on the Fourth of July, many of us are dreaming of packing the kids off to camp and enjoying a well-deserved vacation of our own. But the halfway mark is also the time to be taking stock. What have we accomplished and what can we do in the next six months to meet our 2017 goals? Time for creating or updating Living Trusts At  DP Legal Solutions , we’re bullish on Living Trusts! Our goals for our clients always include either creating or updating their Living Trusts. It’s easy to procrastinate, but the rewards are great. Creating and funding a Living Trust is one of the most thoughtful gifts you give your family. Unfortunately, many people believe that once they create and fund their Living Trusts, the process is finished. But we caution our clients to review and update their Trusts every few years--this is especially important for those who create their Trusts when their children are still young and they’re building their careers. Liv...

April 16 Is National Healthcare Decisions Day: Have You Named Your Proxy?

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April 16 is National Healthcare Decisions Day, a day to highlight the importance of advance healthcare planning.  We make it easy for our clients by including an Advance Healthcare Directive (AHD) in our comprehensive  Living Trust package that also includes a Power of Attorney. What is an Advance Healthcare Directive? An AHD is a legal document in which a person specifies what actions should be taken in regard to his/her health in the event of incapacitation or illness. People should be appointing a trusted person to make these important healthcare decisions for them, but healthcare planning also includes long-range thinking about important lifestyle issues, such as whether to remain at home or opt for nursing care, Hail-Mary lifesaving efforts vs. enlisting the help of hospice care when people are clearly in failing health. AHDs on the rise While we’d all like to think that we could make our own decisions, the reality is that the majority of us will have at leas...