Retirement Age Baby Boomers Reject Having Living Wills

Hospital

Do you have a living will? According to a recent poll conducted by the Associated Press and LifeGoesStrong.com, as many as 64 percent of baby boomers, including those of retirement age do not have a living will. Do not to confuse a living will with a living trust. A living will or advanced directive is a legal document that states what kind of medical intervention you want if you become … [Read more...]

Five Myths About Having an Estate Plan

2-22-11

1. “I don’t have an estate of any significant size to have an estate plan.” Your estate can grow. Many aspects of a good estate plan such as Powers of Attorney and Living Wills have no relation to the size of an estate. 2. “I have a Will so my estate planning is complete.” There may be a better way. Will drawbacks: It starts the Probate system which makes a Will public … [Read more...]