Overcome Obstacles to Effective Healthcare Directives

Anne Denny / July 21, 2015
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Are improvements to healthcare directives necessary and possible? The answer is an emphatic YES! As a trusted advisor, you can blaze the trail for your clients. In the past three decades, a relatively low percent of adults have completed a healthcare directive. So what shortcomings are impeding the national acceptance of advance care planning? 10 […]

Organizing Your Accounts and Passwords

Maggie Green / March 5, 2014
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I emphasize to all of my estate planning clients the importance of keeping track of your assets, what they are, where they are located, etc. The reason: a Will or Trust instructs your Personal Representative or Trustee on how you want your assets to be distributed after your death, but not always what those assets […]

Avoiding Power of Attorney Abuse

Maggie Green / July 26, 2013
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In a previous post I spelled out the basics of the changes made to Minnesota’s Statutory Short Form Power of Attorney that will take effect January 1, 2014. As I mentioned, many of these changes were made to address the potential for abuse. Indeed, a Power of Attorney document gives broad and sweeping powers to […]

Uncomfortable Conversations

Jamie Held / July 23, 2013
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When speaking with my elderly clients I encourage them to have conversations with their children about their wishes.  Upon the mention of this suggestion, I have witnessed the change in demeanor of many.  I go on to explain what their children will need and how the administration of their estate will proceed.  We discuss how […]

TED Talks: Prepare For A Good End Of Life

Jennifer Santini / June 17, 2013
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I recently came across this TED Talk by Judy MacDonald Johnston and thought she did such a great job starting the discussion on end-of-life planning that I had to share it with our readers. The video is worth watching (it is a short 6 minutes) and should be shared with any loved ones who are unwilling […]

The Tolls of Caregiving

Mike Westling / February 12, 2013
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Given the prevalent role families play in providing long-term care, insurance may not always seem necessary. However, as briefly discussed in my last post on the basics of long-term care insurance, the true value of long-term care insurance involves protecting the wellbeing of loved ones. Even though spouses and adult children are often willing to […]

Long Term Care: Are You Prepared?

Mike Westling / November 5, 2012
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One of the main goals at Epilawg is to help you plan your own epilogue to your life. Many of the posts here discuss passing on what you’ve accumulated during your lifetime to your loved ones. However, what if everything you accumulated throughout your life is lost because of your health? Because you did not […]

End of Life Decisions with a Guardianship

Jamie Held / October 29, 2012
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Earlier this month, a Hennepin County District Court Judge addressed the questions, “Who has the power to decide if a person under guardianship should be allowed to die?  Should it be the guardian …?  Should it be the Court …?”

Digital assets and your fiduciaries

Maggie Green / October 19, 2012
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Here on Epilawg, we already have great articles about the estate planning for social media accounts and the importance of having an estate plan that addresses ownership of digital art. This article will address the importance of giving fiduciaries information about digital assets for a smooth management of your incapacity plan and the proper administration of your estate plan. It makes […]

Guardianship Basics

Mary Szondy / October 17, 2012
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What is a Guardianship? A guardianship is a determination by the Court that a person (proposed ward) is incapacitated.  The judge must make this decision based upon clear and convincing evidence. “Incapacitated person” means an individual who is impaired to the extent of lacking sufficient understanding or capacity to make or communicate responsible personal decisions, […]

The “Power of Attorney” in Real Life

Maggie Green / September 25, 2012
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Some clients know how important the Power of Attorney document is. They may have acted as attorney-in-fact for a spouse or an elderly relative. Or they may have experienced first hand the challenges created when someone hasn’t executed a valid Power of Attorney. The Power of Attorney (aka POA) names an attorney-in-fact to make financial […]