In this Elder Law and Estate Planning Minute, Wes Coulson, Southern Illinois Elder Law attorney, discusses why it is that so many healthcare powers of attorney forms, including the statutory form in Illinois, are a tragically lost opportunity. ? Why Many Powers of Attorney for Healthcare are a Lost Opportunity Transcript: Hi, I’m Wes Coulson and […]
Does a Will Keep Me Out of Probate?
In this Elder Law and Estate Planning Minute, Wes Coulson, Southern Illinois Elder Law attorney, discusses why a will isn’t the best way to protect your estate from going into probate and that the better option is having a living trust. ? Does a Will Keep Me Out of Probate? Transcript: Hi, I’m Wes Coulson from […]
Asset Preservation Planning and Financial Powers of Attorney: Why yours may not stack up at a critical time
What financial powers of attorney include and don’t include can end up making a tremendous difference at a critical time. For people concerned with asset preservation planning, this is incredibly important. Think of the financial power of attorney as a tool kit, one that you’re building for the person that you’re naming as agent to do things […]
Why You Really Can’t Do Without Powers Of Attorney
The single-most important estate planning documents to have in place are powers of attorney. There are only two people in the world who can put someone in charge of making and carrying out decisions for you if you become incapacitated. One is you, by having powers of attorney in place, and the other is a […]
If You’re Married and Over 65, Your Wills are Probably Wrong
If you are like most married couples, you probably have your Wills already set up. But, have you thought to look at what they really say and if that is what you really want now? As we age, the chance that either of the married couple will need long-term care increases. Do your Wills help protect […]
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