If You Will®: Short Takes on Estates, Taxes and Trusts - December 2013: A Sometimes Neglected Item on the New Year "To Do" List


The pending arrival of a new year presents an apt time to both look at future dreams, ambitions, and opportunities and to prepare for pitfalls in the road ahead. It is a time not only for holiday joys and memories, but for facing both pleasant and difficult tasks we should do in preparation for the future.

One of the most difficult but important tasks we can undertake is preparing for the inevitable passing of a loved one who is elderly or terminally ill. We can bring peace of mind to them and to ourselves by doing what is necessary to avoid the turmoil and anxiety of medical, legal and family battles, or just the confusion of post-mortem goose chases for missing documents related to finances, asset ownership, insurance, or funeral wishes.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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