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https://blog.commonwealth.com/pandemic-shines-spotlight-on-importance-of-estate-planning

Pandemic Shines Spotlight on Importance of Estate Planning

2020-06-08 16:00:16, JD, source

Content Categorization
/Finance/Financial Planning & Management

Word Count:
892

Words/Sentence:
20

Reading Time:
5.95 min

Reading Quality:
Adept

Readability:
13th to 15th

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Entity Word Cloud
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Auto Summary
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In a world with so much uncertainty and change, helping your clients maintain an up-to-date estate plan will help them stay the course.

Have you discussed the importance of estate planning with your clients during the current crisis?

Typically, the general durable power of attorney does not require the individual's incapacity to become effective; instead, it goes into effect once the document is signed.

Many married couples choose to name each other as agents under a general durable power of attorney.

Laws change, life and family dynamics evolve over time, and even technological advancements alter how we access our online accounts, which hold some of our most cherished property and memories.

The HIPAA form allows doctors and hospitals to release personal medical information to designated representatives and discuss a patient's condition and treatment options.

Typically, the bar association will have a public information or forms page that includes a basic powers of attorney form, along with the necessary informational and instructional materials.

The form instructions will likely include whether the state requires a notary as part of the signing process.

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