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...