Trualta ’s Post

Having a will, power of attorney, living will, and financial will is crucial for several reasons: 1. **Control Over Decisions**: These documents allow you to specify who will make decisions on your behalf if you become unable to do so. This ensures that your preferences are respected in both health care and financial matters. 2. **Avoiding Conflicts**: Clearly outlining your wishes can help prevent disputes among family members or loved ones about what you would have wanted, reducing stress during difficult times. 3. **Healthcare Decisions**: A living will provides guidance on your medical care preferences, especially in situations where you may be incapacitated. This can include decisions about life support and other critical interventions. 4. **Financial Management**: A power of attorney can designate someone to manage your financial affairs, which is essential if you become unable to handle your finances due to illness or incapacitation. 5. **Asset Distribution**: A will clearly states how your assets should be distributed after your death, helping to ensure that your wishes are honored and potentially simplifying the probate process for your heirs. 6. **Peace of Mind**: Having these documents in place can provide peace of mind to both you and your loved ones, knowing that there are plans in place for various scenarios. 7. **Legal Protection**: These legal documents can protect your rights and interests, ensuring that your wishes are carried out according to the law. In summary, these documents are essential for planning your future, protecting your interests, and providing clarity and direction for your loved ones.

Why is it so important to arrange a power of attorney Who'll look after your affairs if you can no longer be yourself? Suppose you cannot make decisions about managing your money, property or medical care. In that case, you can appoint someone you trust to look after your affairs with a power of attorney. More often than we'd like, we hear about clients who are caught in a crisis but still need to arrange a power of attorney. Unfortunately, there's nothing anyone can do to help other than guide them towards the Court of Protection and the painful process of applying for deputyship. Adding to the nightmare that everyone is already going through. We urge all our clients to put both powers of attorney in place. It's a simple step that could make a world of difference to you and your family. We can help you arrange power of attorney, so please contact us. #financialsecurity #financialplanning #wealthpreservation #longtermcare

Lasting Power of Attorney- do you need one?? YES!!!! If you had an accident and no longer had mental capacity, who could access your accounts to pay for your care or look after you or sell your home to fund care? If you do not have a Lasting Power of Attorney “LPA” potentially no one! Most people wait until their older years to get one, or wait for signs of dementia or get them for their parents. But what about all of the horrific accidents that occur daily? You can lose mental capacity due to illness or an accident at any age! A lasting power of attorney (LPA) is a legal document that lets you appoint one or more people to help you make decisions or to make decisions on your behalf and to access your finances or deal with your property if you are not able to. This gives you more control over what happens to you if you have an accident or an illness and cannot make your own decisions. You can get an LPA yourself, the government link is below. It is better to have them and never need them then need them and not have them! If you do want advice or assistance please contact us. Email: Melanie.knight@taylor-rose.co.uk Call: 01604 300 818 Melanieknightlaw.co.uk https://lnkd.in/ewMpfeWw

It’s not how much you make, it’s how much you keep that makes the big difference. The average lawyer charges $300 per HOUR for general services, including estate planning. The average cost to have Will and estate planning prepared is $1,000 per person. As a LegalShield member, at just $29.95/month, each covered family member over age 18 can get their own complete, comprehensive Will and estate planning documents completed at no cost, with annual updates included, too. You’ll also have unlimited access to your own full-service law firm for consultations, answers to legal questions, advice and guidance, contract / document review, representation for moving traffic violations, civil lawsuits and IRS audits, even 24/7 emergency access … all as part of your plan. Don’t like subscriptions? No problem. Rather than monthly, pay annually and get a $60 discount - that's just $300 for the whole YEAR. https://lnkd.in/gXKxK7m

It’s not how much you make, it’s how much you keep that makes the big difference. The average lawyer charges $300 per HOUR for general services, including estate planning. The average cost to have Will and estate planning prepared is $1,000 per person. As a LegalShield member, at just $29.95/month, each covered family member over age 18 can get their own complete, comprehensive Will and estate planning documents completed at no cost, with annual updates included, too. You’ll also have unlimited access to your own full-service law firm for consultations, answers to legal questions, advice and guidance, contract / document review, representation for moving traffic violations, civil lawsuits and IRS audits, even 24/7 emergency access … all as part of your plan. Don’t like subscriptions? No problem. Rather than monthly, pay annually and get a $60 discount - that's just $300 for the whole YEAR. https://lnkd.in/gyYwjvaV

Five Reasons to Die Without a Will 1. The court will do a better job deciding how to disburse your assets than you. 2. The court will pick a better representative to handle your estate during probate than you. 3. A judge you don’t know will choose a more caring guardian for your minor children than you. 4. The government will use your estate tax dollars more efficiently than what you might choose. 5. It will be no problem at all for your grieving loved ones to guess exactly what you would have wanted. **** If these 5 statements sound ridiculous and wrong, yet you still DO NOT have your Will prepared ... why? “I’d rather not spend $1,000+ right now.” “I just don’t know where to start.” “I don’t have time to sit with a lawyer.” “I’m a little intimidated by the process…” ^ all common excuses LegalShield helps you overcome by making the process simple, affordable, and reasonable as you work with experienced estate planning lawyers who have helped thousands before you through the process. As a LegalShield member, your complete, comprehensive Will package is prepared by top quality, experienced estate planning lawyers at NO COST. That’s your last will, living will, Power Of Attorney, healthcare directive and whatever else applies. Plus, every covered family member over age 18 gets a Will of their own included ($1,000.00+ value per person). Getting our will done isn’t “fun,” but it’s a critically important item we all must check off our To Do list. Once complete, we feel responsible, we’re prepared and the peace of mind is real. Annual updates are also free of charge when or if any info needs updating, so we don’t need to worry if decisions change. Enroll today and start the process of getting that very important item checked off your "To Do" list!! The value with LegalShield is incredible as will preparation is just one of many benefits: https://lnkd.in/dR5DN49t

Estate Planning - Ensuring Security and Peace of Mind Knowing that Estate Planning documents are properly notarized gives individuals and families peace of mind that their wishes will be honored without complications. As an Estate Planning Notary, my primary responsibility is to verify the identities of the signatories and witness the signing of documents. Top Estate Planning Documents Last Will and Testament - Importance: Notarizing a will isn't legally required in all states, but it enhances its validity and helps prevent potential disputes among heirs. Living Trust - Importance: Notarizing a Living Trust facilitates the seamless transition of asset management, minimizing the chance of probate court involvement, thus saving time and legal costs. Durable Power of Attorney - Importance: Notarizing this document assures financial institutions and other entities that the document is legitimate, enabling the agent to act on the principal's behalf without resistance or delays. Advance Healthcare Directive - Importance: Notarizing this document helps ensure that medical professionals honor the patient’s wishes regarding end-of-life care and treatment, which can be critical in high-stress medical scenarios. National Data: Approximately 70% of Americans engage in Estate Planning. #EstatePlanning #WillNotary #LivingTrust #PowerofAttorney #AdvanceDirective

ONE OF THE BEST GIFTS YOU CAN GIVE TO YOUR FAMILY! Having a well-drafted comprehensive estate plan completed is a gift that oftentimes is priceless to a family. Let’s say you are an adult child of a widow and she passes away. Would you know what to do? Where the documents, if any, are located? Who do you call? Do you have any instructions? Most people are clueless unless an estate plan is in place, and the most beneficial is a plan that avoids probate, such as a living trust. However, other legal documents should be executed within a comprehensive estate plan, such as Healthcare Directives and Financial Powers of Attorney. Want to get an estate plan in place? Book a complementary consultation! (Serving California clientele) #californiaattorney #estateplanning #livingtrust #avoidprobate #savemoney #legaldocuments #healthcaredirectives #financialpowerofattorney #willsandtrusts #trustadministration #pettrust #ebooks

Flawed Presumptions In 1999, the now-infamous Post Office Horizon IT system was being installed around the country in post offices. Made by Fujitsu, this system was sold as being 'revolutionary' enabling mundane tasks such as bookkeeping to be automated. My sister-in-law had the 'pleasure' of operating one some years ago. A new rule of evidence was introduced in 1999 which would presume that a computer system had operated correctly unless there was explicit evidence to the contrary. This legal presumption replaced a section of the Police and Criminal Evidence Act 1984. The new rule was used to devastating effect by the Post Office, with its private prosecution powers, to engage in a series of prosecutions ruining countless. lives. Lawyers engaged in the criminal justice system must now reflect on the damage caused to justice by such a flawed presumption. Equally property and probate lawyers are being bombarded daily by the hyperbolic IT claims of crude commercial interests and certain groups trying to hijack the home-buying process and the administration of the estates. The fallout from the Post Office Horizon IT scandal has shattered the myth that data produced by a computer is infallible, is truthful. Lawyers cannot rely on computers to discharge their obligations to the courts and to the public to act at all times with integrity.

I’ve said it once and I’ll say it again - an Enduring Power of Attorney and Personal Directive are of two of the most important documents you can have. While we have intestate legislation for if you die without a Will, without an EPA/PD, it is a long and difficult process for someone to jump in and assist you if something happens and you become unable to make financial or personal decisions for yourself. Currently, the process in Alberta for a guardian/trustee Order (the alternative if you don’t have an EPA/PD) includes approximately 50 pages of application materials and an 8-12 month wait. The cost of this order is typically more than double the cost of having your own documents done, even with a lawyer. In addition, the article discusses how it is important for your Attorney/Agent/Executor to be able to easily access the personal planning documents, as well as important information such as email access and pertinent information as to where assets and debts are located, and the contact information for important advisors. I’ve heard a lot of young and healthy people indicate that these documents are for older people, but I have personally dealt with many files where the incapacitied person is young and was healthy prior to an incident that caused the need for a guardian/trustee order. Get your documents in order! It is such a good gift to your loved ones in order to allow them to assist you if needed.