The Key to Communication: Why a HIPAA Release is Essential In any comprehensive healthcare plan, there is a trinity of essential documents: the Health Care Power of Attorney, the Living Will, and the Medical Release, often called a HIPAA Release. While the Power of Attorney grants decision-making authority, the HIPAA Release is the key that […]
Appointing Your Voice: The Health Care Power of Attorney What happens if you are in an accident or suffer a medical emergency and cannot speak for yourself? Without a legal document in place, even your closest family members may not have the authority to make critical medical decisions on your behalf. Family dynamics can be […]
The Most Important Document You Might Ever Sign: The Power of Attorney Statistics show that the vast majority of us will need a Power of Attorney at some point in our lives. This simple document can be the difference between a smooth, private management of your affairs during a crisis and a costly, public court […]
The Last Will and Testament is a key Estate Planning document. A Will allows you to control your property at your death. We often refer to it as the “clean up” document because it tells who you want to receive your assets and how you want them to receive it.
June 6th is Higher Education Day! As a parent and/or grandparent there is great satisfaction in helping your child or grandchild pay for college. How you pay for it is important. What are the options? Let’s review some of them!
529 Plans
A 529 plan is a “qualified tuition plan.” They can be in the name of the student, parent, or grandparent. We have all heard the praises of 529 plans (including that they grow income tax free).
The Hidden Dangers of Gifting: How Good Intentions Can Go Wrong It is a natural and generous impulse for seniors to want to give financial gifts to their children and grandchildren. While this is a wonderful way to help loved ones, making large gifts without professional guidance can lead to unintended and severe consequences, from […]
Why Proactive Planning is Your Best Defense Against Life’s “What Ifs” Life is unpredictable. While we can’t control every challenge that comes our way, we can control how prepared we are to face them. A well-thought-out plan is the most powerful tool you have to protect your family and your assets from the unexpected. However, […]
The True Foundation of Asset Protection (It’s Not What You Think) When people think about asset protection, they often jump to complex legal documents like trusts and LLCs. While those are powerful tools, the true foundation of any solid asset protection plan is much simpler and more accessible: good liability insurance. Before you can protect […]
Planning Ahead: How to Make the Transition Easier for Your Family Losing a loved one is one of life’s most difficult experiences. In the midst of grief, your family will be faced with the immense task of settling your final affairs. One of the greatest gifts you can leave them is a clear, organized plan […]
A New Year’s Check-Up for Your Health, Finances, and Future The start of a new year is the perfect time to take stock and set goals. To make resolutions less overwhelming, it can be helpful to focus on one key goal for each important area of your life: your health, your finances, and your legal […]
If you own a corporation or LLC, Google “Corporate Transparency Act” and file your report before the end of the year. Don’t be fined $500.00 per day for failing to file.