How would you like to save someone’s life? You can and it is not difficult. You can become an organ and tissue donor. You as an individual organ and tissue donor can save the lives of eight people and enhance …
Articles
Your Most Important Assets
What are your most important assets? What assets do you want to leave your children or other beneficiaries that they can have and use the rest of their lives? How do you want to be remembered? What will be your …
How to Prevent Conflicts About Medical Care in Your Family
I continue to get questions regarding estate planning basics. So I will continue with a discussion about making healthcare decisions. Have you ever thought about who would make your medical or mental healthcare treatment decisions if you could not because …
Long-Term Care Insurance-Why
Should you buy long-term care insurance? That is a complicated question that is not easy to answer. But before you can even start to answer that question, you have to know what long-term care insurance is. Long-term care insurance is …
Do It Yourself Plans & Bad Advice Can Wreak Havoc
If you are like 70% of Americans, you have no formal estate plan. However, after receiving free advice from others, you may have attempted a do-it-yourself estate plan using joint ownership, beneficiary designations and/or quit claim deeds. Although this advice …
Medical Decision Making for Young Adult Children
It is the high school graduation season and now time for my annual column for young adults. If you have any adult high school or college aged children, they are responsible for making their own medical and mental healthcare decisions. …
MI DNR Act
You or your loved one may have a do-not-resuscitate (“DNR”) order. A DNR order is a document that sets forth your wishes of no resuscitation or other heroic measures in the event your heartbeat or breathing stops. In such a …
Beware the Annuity Peddler
You may have invested some or all of your nest egg in annuities. Are you aware of all of the terms and conditions of your annuities? Do you know the cost to you when the time comes that funds are …
Trust Protectors to the Rescue
So you have named your children as your successor trustees of your trust, the personal representative in your will or your financial power of attorney. You may have named your oldest child first as your financial agent because you think …
Buying a Used Vehicle
Some people are new car people. Some people are used car people. I have only purchased three new cars in my life. The last new car I bought was in 1995, when I bought a brand spanking new Saturn SW2 …