Estate planning obviously entails making preparations for the transfer of financial assets to your loved ones after you pass away. However, there are some additional details to consider, and we would like to take a look at a few of them here. Incapacity Planning Individuals who reach an advanced age sometimes become unable to make their own medical and financial decisions. If you do nothing to prepare for this contingency and you do in fact become incapacitated, a conservator can be appointed … [Read more...] about Don’t Overlook These Details
State Your Wishes Regarding Final Arrangements
One of the documents that you may want to include in your estate plan is called an authorization for final disposition. With this authorization, you name someone that you would like to empower to take control of your final arrangements after you pass away. You also record your wishes regarding the details. There are a lot of things that must be done, and there are various decisions that must be made. One of them would be whether you want to be buried or cremated. If you choose the former … [Read more...] about State Your Wishes Regarding Final Arrangements
Matter of Shelby Final Arrangements Settled
The automotive world lost an iconic figure when Carroll Shelby passed away on May 10 at the age of 89. Shelby rose to fame as a very successful race car driver and then went on to become a designer of performance automobiles. He is well known for the Shelby Mustang, but before he started working with Mustangs he made his mark with the legendary AC Cobra. Shortly after his passing we reported here about the dispute that was taking place between his wife Cleo and his three children that was … [Read more...] about Matter of Shelby Final Arrangements Settled
Final Arrangements: Pre-Planning is an Option
If you are a mature and serious minded individual, you probably want to cover all your bases for the well-being of your family members when making preparations for the future. With this in mind, you want to make sure that you do not overlook your final arrangements. People who do not leave behind instructions with regard to final arrangements leave their loved ones in a difficult situation. You need to let people know how you want to be laid to rest or they simply won't know exactly how to … [Read more...] about Final Arrangements: Pre-Planning is an Option
