One of the most important tasks in preparing your estate is choosing who will fulfill the responsibilities of carrying out the closure of your assets and liabilities. Once appointed, your personal representative (or “agent”) will have the fiduciary duty to act in your estate’s best interests. Violation of this or other duties could result in…
In developing this blog, I have received valuable training and coaching from the good folks over at “Start Blogging Today”. One of the things they emphasize is that the blogger should try to maintain specialization in the blog’s topic rather than an “include the kitchen sink” approach. I have taken this advice as a challenge…
The HIPAA Privacy Rule — Remember all those new forms you had to fill out at your doctors’ offices starting several years ago? The Privacy Rule of the Health Insurance Portability and Accountability Act (hereinafter “HIPAA”) was passed by Congress in 2003, and it provides distinct regulations about the privacy of your Protected Health Information…
Many who decide to take the leap of setting up an estate plan approach the issue by seeking the least expensive, yet still effective strategy. This is especially true during a recession. While this may be appropriate for some, let’s examine some situations where your will may not end up being so simple: Read more...
While we seem to have ever-increasing access and insight over our government, corporations, professionals and even the press, the general level of mistrust in these institutions and the individuals that support them have also arguably arisen exponentially. However, in terms of personal financial and estate planning, these widespread suspicions can be relegated to attractive, yet…
Welcome to the blog! Thank you for stopping by. A recent survey at lawyers.com indicates that almost half of all Americans have not had any estate planning documents prepared. A high percentage of these individuals have done no planning at all, and are placing the risk of possibly devastating consequences on their families. Read more...
