Summer Blues and the Law?

Hello Mumbjumbo-ites.  This edition of the blog should be about my requesting tips for maintaining a consistent blog.  Anyway, there is plenty of fodder to discuss.  Today, let's get off the somewhat depressing subject of foreclosures and talk about the lighter topic of basic estate planning - OK, so my material is limited . . .

It probably won't surprise many of you that most people spend more time planning their vacation than their estate.  It also may not be a surprise to learn that most people do not have basic wills, powers of attorney or living wills set up. 

Let me just share that the absence of these documents can result in a fair amount of stress for the family members.  We experienced this kind of stress my own extended family when my uncle was involved in a motorcycle accident last year and the family was left to interpret his living will in order to decide whether to remove life support.  In that circumstance, a document that is unfamiliar to most people, as had been the case for my family members, suddenly became of utmost importance.  In fact, we poured over the words of that document in order to devine every word and the meanings behind them and each section.  Even with the presence of a living will, we still suffered moments of tension when my cousin had to make the tough calls required in that situation. 

It does not take long to put meaningful measures in place to protect family members from significant financial and emotional strain. 

In the weeks to come, I will be talking more about basic estate planning and business succession planning and will be promoting our new product http://www.willbdone.com/ (not yet unveiled) but designed to help the average person complete their estate planning in an easy and affordable process. 

Stay tuned friends and thanks for clicking.