The majority of individuals have a multitude of opportunities to designate beneficiaries. Most often beneficiaries are designated in Wills, on policies of life insurance, and on retirement accounts. No matter what you choose in your Will, if you designate a beneficiary on your insurance policy or retirement account, that policy or account will pass to […] Read more…
Special planning is required to meet the needs and circumstances of many beneficiaries. When families include individuals with disabilities as beneficiaries, special or supplemental needs trusts (SNT) are often an effective estate planning tool. The basic purpose of these trusts is to benefit or enhance a loved one’s quality or standard of life while preserving […] Read more…
POST is expected to help reduce unwanted treatment By EUNICE TROTTER American Senior Communities Seriously ill people now have a new tool that helps ensure that their treatment preferences are honored. The tool is a voluntary form that when completed becomes a doctor’s order, allowing the patient to determine what care is or […] Read more…
For many couples and individuals, estate planning involves the use of a trust. For couples with children, a minor’s trust is often advisable. For many elderly, a fully funded trust helps manage assets during life, and then those assets transition after death. For high net worth individuals and couples, life insurance, charitable and other trusts […] Read more…
By Campbell Kyle Proffitt LLP - Anne Hensley Poindexter. When the average individual thinks about “estate planning”, Wills and/or Trusts are what come to mind. There is much more that should be considered when you meet with a lawyer to plan your estate. Powers of Attorney, in particular, are valuable planning tools that every person […] Read more…
