Cheryl Blum Garcia’s Post

Normal people definitions of estate planning documents: ● Last Will What happens to my stuff if I pass away? Who would inherit what? Who would be the guardian of my children? ●Living Will If I am incapacitated and not able to make a decision for myself, do I want artificially supplied nutrition, do I not want it, or do I leave the decision up to my Health Care Representative? ●Trust How can I control assets "beyond the grave" and/or remove assets from my taxable estate? Who manages the trust? Who are beneficiaries of the trust? (There are so many types of trusts.) ●Financial Power of Attorney Who can legally act on my behalf regarding financial matters? This could go into effect at signing the document or at incapacity, depending on how the document is written. ●Health Care Power of Attorney / Representative Who can legally act on my behalf regarding health care matters? This could go into effect at signing the document or at incapacity, depending on how the document is written.

Planning for Your Family’s Future When you think about estate planning, it’s more than just creating a will. Estate planning involves making decisions on how your assets will be handled, who will care for your children, and how to protect your family’s financial well-being. It’s essential to have documents like a durable power of attorney and a healthcare directive in place. Have you completed a healthcare directive or power of attorney? Let’s discuss why they’re crucial for everyone, regardless of age. Tip: An advance directive allows you to make medical decisions even if you’re unable to communicate. Learn more by visiting our website. #EstatePlanning #FamilySecurity #WillsAndTrusts #PeaceOfMind

Have you taken the time to create a comprehensive estate plan? 👍 Now is a good time to check in with your attorney to see if any part of that planning involved creating a business entity that needs to be registered under the CTA. Here’s what to know:

Do you have a Lasting Power of Attorney in place? Many people make the mistake of associating LPAs with the elderly, but health issues and accidents can occur at any age. Naming someone you trust to act on your behalf if you're unable to make decisions could provide vital protection for your health and wealth. To learn more about the importance of Lasting Power of Attorneys, read our blog, linked below.

🎥 Long-Term Care Costs | Are You Prepared? 💼 Planning for Long-Term Care is one of the most important financial decisions you’ll ever make. In this video, Hooper Law Office Estate Planning Attorney Abigail Plankey discusses what you need to know about the rising costs of Long-Term Care and how to prepare for them with Millaine and Lisa on Local 5 Live.👨⚕️👩⚕️ Ready to plan for your long-term financial health? Start with the video below and contact Hooper Law Office to schedule your complimentary consultation: hooperlawoffice.com #LongTermCare #FinancialPlanning #EstatePlanning #HooperLawOffice

When a parent passes away, having affairs in order takes the tough admin tasks out of the equation. This is an example of what you can expect with a proper estate plan in place when your aging parents need assistance: ☑️ Gaining immediate access to your parent’s medical records ☑️ Being automatically empowered to make health care decisions on your parent’s behalf ☑️ Gaining the ability to pay bills and maintain your parent’s financial affairs ☑️ There is no need to involve the court or hire a lawyer to probate your parent’s estate ☑️ Assets are all in order and easily identifiable Are you prepared? Book a call: https://buff.ly/3AfxK7k #FinancialSecurity #EstateMentors #EstatePlanning

Creating an estate plan is about more than just managing assets. Essential estate planning tools like wills, living trusts, and powers of attorney are instrumental in planning for your future. These legal documents dictate how you wish your assets to be distributed. However, legal estate planning tools also ensure that your medical and financial decisions are made according to your wishes in the event you're unable to make these decisions yourself. So let's explore the essential tools that safeguard your financial legacy, personal wishes, and future healthcare. Whether you're planning for unexpected health issues or securing your assets, join us in understanding how to make effective estate plans. https://lnkd.in/ewFiczKA #estateplanningnc #raleigh #attorney

Concerned about how to best help your elderly parents? These estate planning tools can make all the difference: 1️⃣ Revocable Living Trust: Allows you, as successor trustee, to manage their property, such as their home, if they become mentally incompetent. 2️⃣ Financial Power of Attorney: As their agent, you can handle assets outside the trust and manage income tax filings. 3️⃣ Health Care Power of Attorney: Empowers you to make medical decisions for your parents if they’re unable to do so themselves. 4️⃣ HIPAA Release: Ensures you have access to your parents' important, otherwise protected, medical information when needed. Planning ahead brings peace of mind for your whole family. Talk to your parents about putting these tools in your toolbox to enable you to help them when they need it most. 🔧 ❤️ #EstatePlanning #CaringForParents #PlanAhead #EstatePlanningMastery #SecureTomorrowToday #ActToday #WisdomWednesday #BlackAttorney #WomenInLaw #BusinessLaw #Entrepreneurs #ReidCouncilLaw #Philadelphia #Pennsylvania #EstatePlanningEssentials #SecureYourLegacy #ProtectYourAssets

Creating an estate plan is about more than just managing assets. Essential estate planning tools like wills, living trusts, and powers of attorney are instrumental in planning for your future. These legal documents dictate how you wish your assets to be distributed. However, legal estate planning tools also ensure that your medical and financial decisions are made according to your wishes in the event you're unable to make these decisions yourself. So let's explore the essential tools that safeguard your financial legacy, personal wishes, and future healthcare. Whether you're planning for unexpected health issues or securing your assets, join us in understanding how to make effective estate plans. https://lnkd.in/ewFiczKA #estateplanningnc #raleigh #attorney

Estate Planning - 60% of individuals in the United States lack essential Estate Planning documents. Estate Planning is crucial for protecting your assets and ensuring your wishes are respected. Wills: Securing Your Legacy - Only 32% of Americans have a will, leaving 68% vulnerable to state distribution laws. A will allows you to specify exactly how you want your assets distributed, preventing family disputes. Power of Attorney (POA): Protecting Your Interests - Only 33% of Americans have a Power of Attorney. A POA allows you to choose someone to make financial decisions on your behalf if you're incapacitated. Healthcare Advanced Directives: Ensuring Your Medical Wishes - Only 45% of Americans have completed an Advance Healthcare Directive. These documents outline your medical wishes if you can't communicate them yourself. Don't leave your future to chance. Take control of your legacy today by creating a comprehensive Estate Plan. Contact me today. www.tlgnotaryservice.com (205) 386-0603 #EstatePlanning #Will #PowerOfAttorney #HealthcareDirective #AlabamaNotary #AssetProtection #LegacyPlanning