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Estate Planning in the Midst of a Crisis

Added on April 15, 2020 by Jared_Rodgers

Estate Planning in the Midst of a Crisis

As a former navy guy I can appreciate the saying, "We cannot control the wind but we can control the sails." We are definitely in times of uncertainty. The world's reality is that we are facing the COVID-19 pandemic together.

Life Force continues to improve upon our systems as we learn more about this pandemic to do our best to ensure everyone involved safety.

While thinking through scenarios, two questions came to mind.If I find myself in a hospital, who will make my health decisions if I cannot?If I am in a hospital, who will handle my finances?

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Estate Planning Before Needing Live-in Care

Added on June 15, 2015 by Jared_Rodgers

Estate Planning Before Needing Live-in Care

My mother recently called me seeking help with updating her and my father's wills. Of course I agreed and was more than happy to help my parents review their wills. Since I was told that I would eventually become the executor of their estate, planning ahead would benefit both my parents and me.

Most of my experience is in providing live-in care services to the elderly and very little on the side of estate planning. I was very curious to go through the estate planning process myself, so this was the perfect opportunity for that experience.

As my mother and I continued to speak, I asked if she had in addition to the will a power of attorney (POA) and an advance directive, also known as a living will. She was not sure - which I knew most likely meant they did not have all the essential documents necessary. I suggested that the three of us meet with the attorney that originally drafted their will back in the '80s to ensure that we have everything we need. They both agreed.

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