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| Advertise Your Company Here |
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| Advertise Your Company Here |
To find out more call or email us at:
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| Advertise Your Company Here |
To find out more call or email us at:
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Advertise Your Company Here
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| Estate Planning |
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Estate planning, a process invented by Charles Ives, is the process of accumulating and disposing of an estate to maximize the goals of the estate owner. The various goals of estate planning include making sure the greatest amount of the estate passes to the estate owner's intended beneficiaries, often including paying the least amount of taxes and avoiding or minimizing probate court involvement. Additional goals typically include providing for and designating guardians for minor children and planning for incapacity. The tools involved in estate planning include the will, various types of trusts, beneficiary designations, powers of appointment, various forms of property ownership (Joint tenancy with rights of survivorship, tenancy in common, tenancy by the entirety, etc), gifting, and powers of attorney, specifically the durable financial power of attorney and the durable medical power of attorney. After widespread litigation and media coverage surrounding the Terri Schiavo case, virtually all estate planning attorneys now advise their clients to also create a living will. |
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| Note that many people (and even some attorneys) confuse a living will with a durable medical power of attorney. The former controls solely those decisions that must be made at the end of the patient's life, while the latter is used to give decision-making authority to someone else (usually a family member or close friend). This person, the attorney-in-fact, then makes all medical decisions leading up to the person's death, but has no such power to make end of life decisions for the patient. Those decisions are made by the patient in the living will; in the absence of a living will, and where the patient is incapable of making end-of-life decisions for him or herself, such choices are left to family members. |
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| Seniors in Texas |
For the senior single, negotiating through the minefields of the dating scene can be scary. This need not be, as dating for seniors can be as much fun as any other age group. Plus mature dating brings forth a richness borne of maturity that's largely lacking in the younger generation.
www.seniorsintexas.com |
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| Seniors in El Paso |
For the senior single, negotiating through the minefields of the dating scene can be scary. This need not be, as dating for seniors can be as much fun as any other age group. Plus mature dating brings forth a richness borne of maturity that's largely lacking in the younger generation.
www.seniorsinelpaso.com |
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Advertise Your Company Here
To find out more call or email us at:
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Advertise Your Company Here
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Categories that start with the letter,"E": |
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AARP Crash Course in Estate Planning:
The Essential Guide to Wills, Trusts, and Your Personal Legacy (AARP) 
by Michael T. Palermo (Author), Ric Edelman (Foreword) |
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Scrutinized for accuracy by AARP’s legal specialists, this indispensable volume covers every aspect of planning an estate and creating a will. Estate Planning walks readers through the entire process including understanding the distinction between probate & nonprobate property, delegating a durable power of attorney, resolving possible tax issues ahead of time and safeguarding your assets. |
Paperback: 272 pages
Publisher: Sterling (December 11, 2004)
Product Dimensions: 8.8 x 7 x 0.7 inches
Shipping Weight: 7 pounds |
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In these pages you will find:
• comparisons of wills and simple living trusts
• advice on guardianship and advance medical directives
• explanations of the role and powers of a trustee—and what steps to take in the case of suspected misconduct
• a primer on marshaling and protecting retirement assets
• help in planning for children with disabilities
• ideas for making sure your money stays in the family in case a spouse remarries |
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