Plan for disability: Control your destiny

Mention about real estate planning, most people think guilty and trust. But a good real estate plan includes something useful if you are incapacitated (Alzheimer's disease, dementia, coma, nutritional condition, severe illness, etc.). Three documents of Advance Health Care Directive, Finance Lawyer, Trust should be considered. The first two are essential. The third is usually recommended, but it is not always necessary in all cases.

Advance healthcare directive is also called living will or power of attorney for health management. This is a document to tell the doctor and your loved ones if you want to join life insurance, have access to medical records and have the authority to agree to your treatment. (It is advisable to name at least one backup as well.) Be sure to discuss your wishes with those you nominate as decision makers. Everyone is not generous to such sense of responsibility. You should also discuss these with your family. Rather than suddenly understand your desires in a crisis situation, it makes it easier to hear when things are calm.

Finance lawyers appoint a person to handle money, property, bills when you become incapacitated. The person appointed, A lawyer's fact , "There is nothing to do with lawyers (lawyers lawyer ). Property.

Advance healthcare directives and power of attorney are sufficient. There are few assets, and there is nothing very complicated. But for many people, getting trust is also a very good idea. Please think that the trust is a special box that puts assets (bank account, stock, home, rental property etc.). Those who appointed to take care of the box, Trustee . this person is Practitioner . Executives are appointed by Will, approved by the court and have authority only after you die. Trustees generally do not need court approval and can handle things after their death for their entire life. Trusts can strengthen protection and make administration easier than to rely on power of attorney only.

The most incorrect thing in real estate planning is to get rid of things until it is too late. If there is no instruction, care is left to fate. Most of us do not do anything because we can not think about our own deaths at all. Please do not sue for the next headline because you did not provide your end wish as saying "You can not plan a plan" will fail. Do not leave your family unable to manage your work without court order. If you make an appropriate plan, you are dominant. Prepare. It is unpleasant to think, but please believe in me. It is getting much better when you finish.

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