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Welcome to Atlantic Law’s blog. Check back often for information on hot topics in estate planning, special needs planning and more!

Why Everyone Should Have a Power of Attorney

WHY EVERYONE SHOULD HAVE A POWER OF ATTORNEY

I’ve recently received several frantic calls from a family member of someone who is hospitalized and unable to communicate or act on their own behalf. The duration of the incapacity is unclear, but what is certain is the individual in the hospital is unable to handle his or her own affairs and there are tasks that need to be accomplished now! It is in these situations, that the importance of having previously signing a General Durable Power of Attorney becomes exceedingly clear.

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The Importance of Beneficiary Designations

THE IMPORTANCE OF BENEFICIARY DESIGNATIONS

When most people think of estate planning, they typically think about a Will, a Trust, or a Power of Attorney (and hopefully a Medical Power of Attorney as well!).  What they may not think about are the beneficiaries of their life insurance policies.  Reviewing and updating designations of beneficiaries is the most overlooked part of preparing or updating an estate plan.

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