Comparing Financial Powers of Attorney: Badly Drafted DIY vs. Well-Drafted Documents

Q. My husband is a handy DIYer, and it has saved us lots money, in many instances. Now, he is insisting on doing our Estate Planning documents, including our Wills and our Financial Powers of Attorney, on his own. I am glad he … [Read more...]

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Comparing a Typical Advance Medical Directive to the Farr Law Firm’s 4 Needs Advance Medical Directive®

Benjamin Franklin once said “(n)othing can be said to be certain, except death and taxes.” Today (April 16) is National Healthcare Decisions Day, a day for health care decision planning. And, in keeping with Franklin’s famous … [Read more...]

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More Problems with Beneficiary Designations — Usually Beneficiary Designations Take Precedence Over Your Estate Planning Documents, But Sometimes They Don’t

Note: This article is Part 3 in a series on the Problems with Beneficiary Designations. Links for the prior two articles are below and at the bottom of this article.Please click here to read Part 1 and please click here to … [Read more...]

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How Can Patient Advocates Help on Your Health Care Journey?

Q. I recently came across a Next Avenue article where a 72-year-old woman was told she had a benign brain tumor and needed surgery. The surgery was supposed to be simple, and the family was told she’d recover quickly, but things … [Read more...]

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Are Transfer on Death Deeds a Good Alternative to Estate Planning?

Q. I was recently discussing with my husband what would happen to our house in Annandale, Virginia when we are no longer around, especially since we don’t have our estate planning in place yet. One my friends’ parents recently … [Read more...]

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Why Should Millennials and Gen Zers Care About Estate Planning?

Dear Raider,I’m in my 20’s and have never thought about estate planning. My older sister recently told me at a family gathering that she has her estate planning documents in place. I don’t understand why she would want to do … [Read more...]

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Jay Leno Files for Conservatorship Over His Wife’s Estate

TV icon Jay Leno and his wife, Mavis Leno, have been married for 43 years — and by all accounts they are still in love. Mavis, 77, suffers from dementia, and according to a recent court filing, she has been “progressively losing … [Read more...]

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Does My Spouse Have a Right to a Share of My Home?

Q1. I am giving serious thought to my estate planning and to who I want to leave most of my assets to when I am no longer around. I am seriously considering leaving the bulk to my two children and not my spouse. I live in … [Read more...]

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Top Five Reasons Banks Won’t Accept a Power of Attorney and What You Can Do About It

Q. My aunt signed a Power of Attorney naming her son, my cousin Andy, as her POA. When Andy took it to the bank, he was told that the document had to be on the bank’s form to be valid. This happened in Texas, but I’m concerned … [Read more...]

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Procrastination and Estate Planning: How to Avoid These Disaster Scenarios

Q. My husband keeps procrastinating when it comes to wanting to do our estate planning. I brought up some things that could happen when someone dies without proper planning in place, but it hasn’t been enough to convince him. Can … [Read more...]

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