Documents appointing an agent to act and providing instructions about your health care wishes when you are not able to make them yourself are called health care advance directives, explains Charles Sabatino, director of the American Bar Association’s Commission on Law...
“Advance care planning is a process for setting goals and plans with respect to medical care and treatment,” explains Charles Sabatino, director of the American Bar Association’s Commission on Law and Aging. Documents appointing a representative and setting forth...
If you’re part of a couple and younger than age 62, some new rules about Social Security that were included in the Bipartisan Budget Act of 2015 may have you making some changes in your estate plan. (Older than that? Well, if you’re going to be turning 66 by April of...
As we provide in-depth counseling to individuals and families, Geyer & Associates fields many questions about the most personal type of bequest any person can make to another – an anatomical gift. The authors of the Indiana Laws of Aging Handbook discuss the...
“Renting a bank safe-deposit box can help secure important personal documents, collectibles, and family heirlooms," says Paul Bomberger of bankrate.com, "but it's important to make wise decisions about what goes in the box and to stipulate who has access to it." Items...
Joint ownership - whether of property or of bank and investment accounts - is convenient. And yes, joint ownership of assets is one way to avoid probate. But as we often find it necessary to remind our clients, it’s important to understand the consequences of joint...
“It’s important to understand the consequences of joint ownership of property,” caution the authors of theIndiana Laws of Aging Handbook. At Geyer & Associates, we agree. As we provide in-depth counseling to individuals and families, we find that in many instances...
When a person can no longer manage property or provide self-care, a guardianship may be appropriate,” explains the Indiana Laws of Aging Handbook. On the other hand, the Indiana Bar Foundation authors caution, “Sometimes guardianships are unnecessarily imposed on...
Continuing our November Hoosier Estate Planning focus on celebrity estate planning mistakes, today we talk about providing guardianship provisions for minor children... Anna Nicole Smith’s heirs argued over the care of her daughter. Failure to choose the correct...
This November, many of our Hoosier Estate Planning blog posts are devoted to highlighting estate planning pitfalls to avoid. Some big mistakes made by celebrities help make the point… Not every plan follows the usual pattern of leaving assets to family members and...
