Posts Tagged ‘Living Will’

How important is it to have a durable Power of Attorney?

  • May 1st, 2018
  • David Greene
  • Comments Off on How important is it to have a durable Power of Attorney?

It is very important! A durable Power of Attorney (POA) is simply legal authorization for someone else to act on one’s behalf. This usually only occurs if the grantor of the POA is incapacitated, but it can be useful in many…

What type of documents should I be considering for my Estate Plan?

  • March 22nd, 2018
  • David Greene
  • Comments Off on What type of documents should I be considering for my Estate Plan?

When people typically think of estate planning, the first thing that comes to mind is how they can control their assets after death. When considering this, most individuals come in to see us wanting to create some type of will…

If one moves can he write in his new address on his existing Durable and Health Care Powers of Attorney?

  • March 6th, 2018
  • David Greene
  • Comments Off on If one moves can he write in his new address on his existing Durable and Health Care Powers of Attorney?

You cannot write on the Durable Power of Attorney.  That will void it.  Similarly, you cannot write on or make any changes to your will by striking through and writing over.  Be sure to let your Attorney-in-Fact know your new…

Does the new tax law eliminate inheritance taxes?

  • February 1st, 2018
  • David Greene
  • Comments Off on Does the new tax law eliminate inheritance taxes?

With the new Tax Reform beginning to take effect, there is still a large amount of uncertainty when it comes to what changes are taking place and when they come into effect. When it comes to the Estate and Generation…

What is the difference in a will and Durable Power of Attorney?,

  • November 16th, 2017
  • David Greene
  • Comments Off on What is the difference in a will and Durable Power of Attorney?,

Each individual, even husbands and wives, needs to make a will in order to pass his/her assets after death.  A Durable Power of Attorney, though, simply gives someone you trust the authority to act in your behalf when you can’t…

What are the biggest mistakes made in Estate Planning?

  • November 14th, 2017
  • David Greene
  • Comments Off on What are the biggest mistakes made in Estate Planning?

Estate Planning covers both events during life and after death.  Here are some of the biggest Estate Planing mistakes that are made: (1) Failure to plan for incapacity – everyone should have both a financial and health care Power of…

If you have a Living Trust do you also need a will?

  • September 26th, 2017
  • David Greene
  • Comments Off on If you have a Living Trust do you also need a will?

That is a good question and the answer is: maybe or maybe not!  If you have truly transferred all of your assets into your trust, then you do not need a will because no asset is in your name.  However,…

Is there anything wrong with buying a fill-in-the-blank will or trust from the office supply store?

  • February 15th, 2017
  • David Greene
  • Comments Off on Is there anything wrong with buying a fill-in-the-blank will or trust from the office supply store?

I highly discourage buying and using these kinds of packages.  Why?  First, they may or may not contain all of the language and signing requirements necessary in South Carolina.   Second, they do not give you the latitude in making your…

How do you revoke a power of Attorney?

  • April 21st, 2016
  • David Greene
  • Comments Off on How do you revoke a power of Attorney?

First let me point out that even though one has the Power of Attorney, he does not have to act pursuant to its authority. However, there can only be one valid Power of Attorney at a time so it would…

What’s the difference in a Health Care POA and Living Will?

  • April 19th, 2016
  • David Greene
  • Comments Off on What’s the difference in a Health Care POA and Living Will?

Although the Living Will and Health Care Power of Attorney are similar in many ways, they are also distinctly different. I like to think of the Living Will (also known as a Declaration of a Desire for a Natural Death)…

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