Carmel, CA Estate Planning In A Coronavirus World : By Derek Baine

AARP Bulletin in their November 2020 issue (page 22) had an interesting article about more and more couples looking at estate planning now that the coronavirus is making the future outlook uncertain.  Keep in mind that you can write a will at any time, even if you are sick in the hospital.  Most estate planners recommend setting up a living trust, which gives you a lot of flexibility on how your assets are distributed following your death.  Experts warn that doing a joint will for a couple is a terrible idea—they aren’t even legal in some states.  Leaving more to one child than another almost guarantees that the will could be challenged.  Stepchildren aren’t automatically treated as children for legal purposes.  There are a lot of moving pieces in an estate plan so consult with your attorney.

Pebble Beach, CA Estate Planning In A Coronavirus World : By Derek Baine

AARP Bulletin in their November 2020 issue (page 22) had an interesting article about more and more couples looking at estate planning now that the coronavirus is making the future outlook bleak.  Keep in mind that you can write a will at any time, even if you are sick in the hospital.  Most estate planners recommend setting up a living trust, which gives you a lot of flexibility on how your assets are distributed following your death.  Experts warn that doing a joint will for a couple is a terrible idea—they aren’t even legal in some states.  Leaving more to one child than another almost guarantees that the will could be challenged.  Stepchildren aren’t automatically treated as children for legal purposes.  There are a lot of moving pieces in an estate plan so consult with your attorney.

End Of Life Planning Must Be Addressed In This Pandemic

At Family inHome Caregiving, we always encourage our clients to have a nutritional diet, get enough exercise and do estate planning like setting up a living trust, signing a POLST and power of attorneys for both medical and financial.  However, getting exercise in this coronavirus environment is difficult and you would be surprised how many people have not set up end-of-life paperwork.  Kate De Bartolo, director of the Conversation Project, believes that end-of-life-care planning is something that more and more Americans will embrace dearly in light of the pandemic, even younger people.  Traffic and downloads of end-of-life planning material have surged this year, she noted.  One thing that has been highlighted in the pandemic has been that many people may change their mind about asking for all available life saving methods in their POLST and medical power of attorney.  Given that COVID-19 victims are isolated and can’t see their family and friends before they pass away may make living pointless under those lockdown conditions.

https://www.facebook.com/TheConversationProject/posts/end-of-life-care-planning-is-something-many-put-off-says-kate-debartolo-director/3651234638270719/

Monterey, CA Advanced Healthcare Planning, Polst, Will & Living Trust Workshop At CHOMP

Nobody likes to think about dying, but it is extremely important that you prepare for the inevitable by drawing up an Advanced Healthcare Directive, POLST, Living Trust and Will so that your wishes are carried out.  Join experts at Community Hospital of the Monterey Peninsula, CHOMP, on Monday, February 8 from 4-5:30 p.m. or on Tuesday, February 23, from 10:00 to 11:30 a.m.  Learn how to document your wishes, receive expert medical coaching and submit your documents.  To register, click here www.chomp.org/planning.