Category Archives: End of Life Planning
How Long Should My Loved Ones Keep Records and Medical Bills After I Pass Away?
Have you drafted your Virginia estate plan and named the executor who will handle all aspects of estate administration? Do your loved ones know where to find and track important information, such as your personal records and medical bills? Plenty of questions and confusion can arise after the death of a loved one. Your… Read More »
What Do Virginians Need to Know About Medical Aid in Dying?
Medical aid in dying has become an increasingly popular subject as more people wish to include in their estate plans what this means for them and their specific wishes. This can be a highly personal decision and not necessarily one that your friends and family members agree with. A family member who is suffering… Read More »
I’ve Been Offered a Funeral Trust. What Is It?
Many years ago in estate planning it was very common for banks and other financial institutions to present you with a form that could be used for ensuring that you have a method to pay for your final arrangements. A funeral trust is simply that: a trust that has been created to pay for… Read More »
Planning Ahead to Live a More Purposeful Life
Planning ahead is not always an easy proposition, but taking the care to consider critical questions about your future and the future of your estate empowers your loved ones. It’s an act of care to take the time to consider how to protect your family members in the future. By thinking about your wishes… Read More »
More Americans Are Passing Away with Debt Than Ever
A recent study of 220 million consumers in Experian’s File One database, indicated that up to 73% of consumers are passing away with debt in high numbers. For those individuals who do not have a home loan, the average debt was $12,875. However, consumers with a mortgage carried approximately $61,554 in debt. You may… Read More »
Health Care Wishes Can Be Kept On Smartphone Application
Yes, there’s an app for that. Photo Credit: www.flickr.com“While most all Americans think it’s a good idea to talk with their loved ones about end-of-life care, less than 30 percent have actually done it,” according to a recent posting on the website of the American Bar Association. The organization has come up with a… Read More »
Difficult Discussion On Dying Can Be Helped By Web Resources
Almost nobody wants to have “The Conversation.” (Photo credit: jaded one) Talking to an older relative, whether it’s a mother, father or sibling, or a friend about death is a burdensome task most people put off until, of course, it’s too late to have anything at all to discuss. It’s probably at that point… Read More »
End-Of-Life Websites Popping Up All Over
A recent article in The New York Times focused on a woman facing tragic irony: Just as she was developing a web-based business focusing on end-of-life planning, the East Hampton, N.Y., resident received word that her brother had been killed in a traffic accident. “Suddenly, her fledgling business, Everplans, a website that helps people… Read More »