{"id":1470,"date":"2018-03-26T16:33:37","date_gmt":"2018-03-26T16:33:37","guid":{"rendered":"https:\/\/mitchellagy.com\/?p=1470"},"modified":"2022-07-04T03:21:16","modified_gmt":"2022-07-04T03:21:16","slug":"end-of-life-planning","status":"publish","type":"post","link":"https:\/\/mitchellagy.com\/end-of-life-planning\/","title":{"rendered":"End of Life Planning &#8212; Preparing for the Inevitable"},"content":{"rendered":"<p><span style=\"font-size: 12pt;\">Not many of us like to think about this world without us in it, but at some point our time on this earth does end.\u00a0 For our families and friends this can be a very traumatic and sorrow filled time.\u00a0 It can also present a number of legal and financial challenges depending on how well we have put our affairs in order prior to our death.\u00a0<\/span><\/p>\n<p>For many of us, we put off doing what should be done because we, and our family members, just don\u2019t want to think about the inevitable.<\/p>\n<p>When we don\u2019t so some degree of \u201cend of life\u201d planning, we just make it harder for our families at a time when they are dealing with a significant loss in their lives.<\/p>\n<p><span style=\"font-size: 12pt;\"><strong>Your Final Wishes<\/strong><\/span><br \/>\nMaking your final wishes known can eliminate a great deal of heartache and family feuding over how to deal with a number of key items.<\/p>\n<p>The first order of business is to make sure you have a will.\u00a0 This helps you avoid probate and ensures that your wishes will be followed.\u00a0 You may also have trusts and a living will that provide even more direction for your family and heirs.\u00a0 Putting a basic will together does not have to take a lot of time or be expensive. With the help of a <a href=\"https:\/\/crewslawoffices.com\/wills\/\">will attorney<\/a>, you can easily draft your Last Will and Testament. An <a href=\"https:\/\/kloseklawoffices.com\/sacramento-probate-and-estate-attorney\/\">estate attorney in Sacramento<\/a> can help ease you in preparing a will for all your assets.<\/p>\n<p>Along with your will there are many other questions that will arise if you become incapacitated or when you pass away.\u00a0 Having written instructions detailing your desires can make these decisions easier for your family.\u00a0 They include \u2026.<\/p>\n<ul>\n<li>What should be done in the case of your incapacity? If assisted living is your choice make sure you look at the best facilities such as\u00a0<a href=\"https:\/\/www.peachtreehillsplace.com\/theterraces\/assistedliving\/\">https:\/\/www.peachtreehillsplace.com\/<\/a>.<\/li>\n<li>Have you designated a Power of Attorney for your Assets and Medical decisions?<\/li>\n<li>Do you wish to be an organ donor?<\/li>\n<li>Have you made burial or cremation arrangements?<\/li>\n<li>Are there specific people and details you want included in your funeral service?<\/li>\n<li>Who should be notified when you pass away?<\/li>\n<\/ul>\n<p>Regarding financial assets, does your family know \u2026<\/p>\n<ul>\n<li>What military, social security, pension and other retirement benefits are you receiving?<\/li>\n<li>What life, health, long term care and disability insurance did you have? Who are your agents?<\/li>\n<li>Have you compiled a list (with account numbers) of all your financial holdings, brokerage and bank accounts?<\/li>\n<li>Do you have a record of all legal documents i.e. wills, trusts, POA\u2019s, and other legal agreements? Where are they located?<\/li>\n<li>List names of any attorneys and accountants that you have used.<\/li>\n<li>Provide a financial statement with all your assets and liabilities.<\/li>\n<\/ul>\n<p><span style=\"font-size: 12pt;\"><strong>Making It Easier For Your Family<\/strong><\/span><br \/>\nThe goal of compiling these lists and data is to make it easier on your family.\u00a0 None of us want to think about dying, but by expressing our wishes now, decisions are being made that allow us to determine how our assets and final services will be handled.<\/p>\n<p>A more formal checklist that you can use as a guideline can be found at <span style=\"color: #0000ff;\"><a style=\"color: #0000ff;\" href=\"https:\/\/mitchellagy.com\/wp-content\/uploads\/2018\/03\/endoflifechecklist.pdf\"><strong><u>End of Life Planning<\/u><\/strong><\/a><\/span>.\u00a0 Our only suggestion is to not put it off.\u00a0 Take the time now to prepare for a time when no one wants to think about these matters.<\/p>\n<p><span style=\"font-size: 12pt;\"><strong>Available Resources<\/strong><\/span><br \/>\nThe value of your estate and types of assets you have will determine what level of legal and financial advice you will require.<\/p>\n<p><a href=\"https:\/\/www.aarp.org\/caregiving\/financial-legal\/info-2017\/family-finances-money.html?intcmp=AE-CAR-LEG-EOA1\"><strong>5 Tips for Discussing Money Matters With Family<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.aarp.org\/caregiving\/financial-legal\/info-2017\/wills-trusts.html\"><strong>Wills and Trusts<\/strong><\/a><\/p>\n<p><a href=\"https:\/\/www.legalzoom.com\/personal\/estate-planning\/compare.html?kid=be3b7ff0-b8e6-4cee-b0b5-3c0d24fe2e04&amp;utm_source=google&amp;utm_medium=cpc&amp;utm_term=wills_and_trusts&amp;utm_content=216110946424&amp;utm_campaign=EP_|_EP&amp;gclid=Cj0KCQjwy9LVBRDOARIsAGqoVnuL0TLX8FdeA3_Uulgd0jg3ayePTmq3hsCTIONDMe8aFz5xSZsjnZcaAu3EEALw_wcB\"><strong>Comparing Wills, Trusts, Living Wills, and Power of Attorney<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Not many of us like to think about this world without us in it, but at some point our time on this earth does end.\u00a0 For our families and friends this can be a very traumatic and sorrow filled time.\u00a0 It can also present a number of legal and financial challenges depending on how well [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/posts\/1470"}],"collection":[{"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/comments?post=1470"}],"version-history":[{"count":9,"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/posts\/1470\/revisions"}],"predecessor-version":[{"id":2295,"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/posts\/1470\/revisions\/2295"}],"wp:attachment":[{"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/media?parent=1470"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/categories?post=1470"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mitchellagy.com\/wp-json\/wp\/v2\/tags?post=1470"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}