While it may be unpleasant to think about, there might come a time when you're unable to make medical decisions for yourself. A power of attorney is crucial in this case, as this person will be your advocate to medical staff and even family members, who might not agree with your wishes regarding end-of-life care. Very Well Health explains what to look for when choosing a power of attorney so you can rest assured that you made the right decision.
As cable outlets and online social media platforms ceaselessly reminded us last week, global fashion icon Karl Lagerfeld passed away at 85 after an adventurous and high-profile life.
Computers have flatly revolutionized much in our 21st-century world, including how billions of people structure and organize their personal lives.
We note on our website at the proven Dayton estate planning law firm of Gottschlich & Portune that our experienced attorneys provide knowledgeable and impassioned advocacy to families “dealing with the challenges of transition.”
An alluded to “they” in a recent business article can “make or break your estate plan.” Those individuals are obviously important people who need to be carefully considered.
We know at Gottschlich & Portune in Dayton that even well-intentioned estate planning can go awry for individuals and families in Ohio and nationally.
We spotlighted in a recent blog post some of the complexity that can attach when an adult child turns to parents for business funding, especially for an unproven entrepreneurial venture. We noted the “slippery slope” dimensions of that in our July 17 entry, especially for parents having a hard time being rigidly dispassionate about such an entreaty.
A recent national bank survey of America's elderly and that demographic's estate planning readiness reveals that a clear majority of older individuals view finances as a private affair.
Planning for one’s death is not usually a pleasant process. However, if you’re intending to leave an inheritance to any beneficiaries after you’re gone, it’s important to create an estate plan with their best interests in mind. There are different methods of leaving your assets to your loved ones, and you should have a clear understanding of the relative advantages of each.
Estate planning is a unique endeavor when undertaken by an individual or family in Ohio or elsewhere. No two estates are the same and, consequently the particular focus of a tailored and effective plan will be different in every case.