As unreasonable as it may sound, your child who is now one-second past midnight into their 18th birthday needs their own documents because their parents can no longer help them in a legal situation without their consent. Please don’t get caught short.
Choosing Who Implements Your Wishes
Choosing who fills certain roles in your estate plan can be difficult. Do it anyway!
Give all That ‘Stuff’ Away!
If you own things you can bear to part with, give them away NOW! The recipient gets to enjoy them NOW and you spare potential argument down the road when you die and a promised item is no longer in the home.
Spare Your Family Grief – Assign Beneficiaries
Assigning beneficiaries on bank accounts and similar assets saves your family hassles and money. It’s an important part of estate planning.
Death is Certain for All of Us – Pay in Advance
When someone passes, the family is best served if all choices have been pre-made.
Mentioned in this video:
For Funeral/Cremation/Burial insurance, contact Ted Whelan, of Whelan Insurance Group, LLC.
Families with Young Children Need to Know This
If you’re no longer here to raise your children to adulthood who will do it the way you want it done?
Appointing a Non-Family Member?
It often makes sense to appoint a non-family member as a health care surrogate, executor or power of attorney.
Parent Caught in the Middle
A mother appointed her two children co-powers of attorney. Each is acting against the other one’s wishes. They don’t intend to harm their mother, but the arguments are harming their mother. She is caught in the middle.
Family Conversations for Generational Wisdom
The holidays are a good time to catch up with family and friends. They’re a good time for what I call “generational wisdom” – those stories the younger generations hear from their parents and grandparents.
This year you might get together on Zoom, but it’s still a good time for telling stories.
You can start the conversation with the questions below, They’re a way to get your parents talking about their childhood, growing up, and family history. You might even get some wonderful lessons about love, life and what matters most.
Please let me know what you learn. The questions in no particular order.
- What did you like most about growing up in your hometown?
- How did you meet your spouse/partner?
- How did you know he/she was “the one”?
- What do you remember most about your mom/grandmother?
- What do you remember most about your dad/grandfather?
- How did you choose your career? What was/is your favorite part of it?
Send Your Own Generational Wisdom Questions
If you have the perfect question to spark a conversation, let me know. I appreciate any ideas you have.
You can send your ideas on the Contact Us page.
“Never” is Not the Right Time
Never is not the right time for estate planning. Whether it is a simple Will or a Power of Attorney, Healthcare Surrogate or Trust – now is the right time to plan.
We never know what the future holds. But one thing you can be sure of . . . you can have peace of mind knowing that your valuable assets and heirlooms will go to the people you love.
Call us today for a consult. (813) 586-1332. We’re here to help!
About London Baker Law, P.A.
We have a unique perspective on estate planning that serves our clients well. We thoroughly review not just your assets and your wishes but your legacy. We ask the questions “What’s in the best interest of this family, how do we achieve those goals and what kind of legacy do you want to leave behind?” After answering these key questions, we help you determine the best course of action for your family going forward.
- estate planning
- probate
- elder law
- healthcare surrogates
- powers of attorney
- legal advice and counsel