Estate Planning Essentials: June 2019
Chambliss Estate Planning Essentials brings you legal developments and other trends of vital interest in the world of estate planning. This post is brought to you by Rebecca Miller and other members of the Estate Planning Practice Group of Chambliss Law Firm.
Chambliss Law Firm Monthly Editorial
Advance Directives: Are You Ready in the Case of an Emergency?
by Rebecca Miller, Estate Planning Attorney
You have the right to control your medical treatment, but what happens if you are unable to make decisions for yourself because of injury or illness? Fortunately, you also have the right to plan and give instructions about your preferred future health care by making an advance directive.
What Is an Advance Directive?
An advance directive for health care is a legal document that states your choices about medical treatments you do or do not want. It may also name a person to make decisions on your behalf if you are unable to do so. This person is called your agent. Unless you specify otherwise, the agent only has authority once you become incapacitated. Anyone 18 years or older and of sound mind can make an advance directive. [Click to read the full article.]
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Drafting a Power of Attorney that Lessens the Chances of Abuse
While it isn’t possible to entirely prevent the possibility of power of attorney abuse, there are steps you can take in drafting a power of attorney to greatly reduce the chances.
What Happens to Your Debts When You Die?
When you die, your debts do not expire with you. Most debt still needs to be paid off, if possible, although who is responsible for paying the debt depends on the type of debt, and some assets are protected.
Discovery of Aretha Franklin’s Handwritten Wills Throws Her Estate Into Turmoil
Legendary singer Aretha Franklin was thought to have died without a will, but the recent discovery of handwritten documents is calling that into question.
How to Contest a Will
If you believe a loved one’s will is not valid, you may be able to contest it. But proving a will is invalid is difficult, and this process should be undertaken only if you are sure there is something wrong.