Whether young or old, planning for the future or an untimely death is an important matter. Although it is often something one does not like to think about, it is something that should not be put off. Drafting documents for an estate plan can take place at any age or any point in a person's life.
People in California may have seen a compelling news article about a recent survey of physicians and how they would choose to handle their end-of-life decisions. Perhaps surprisingly, many of those surveyed reported that they would not want medical caretakers to take extensive life-prolonging measures. Of those surveyed, 95% said they would not want CPR, over 85% said they would not want a ventilator and at least 75% said they would not want a feeding tube.
Many people may choose to live, work and retire in California because it offers a high quality of life for people in every age group. Many senior citizens are happy to call California home, and spend their retirement years basking in the warm, temperate climate. There may come a time, though, when seniors need some help financially, and often this burden falls on their children. Perhaps even more difficult, though, is the situation that often occurs when seniors need someone to help them manage their own finances.
Readers of the blog here in California may have noticed some entries regarding the growing concern about what happens to a person's online digital content after they die. Most people in the digital age have at least some measure of information online, which may include things like social media accounts, picture-sharing programs and even things like online accounts with certain financial and retail entities.
Many readers here in California may be fans of recording artist Amy Grant. Of course, like any famous singer, Grant carries on much of her life outside of the public eye. In a recent article, the singer opened up about her parents' life as they reached old age and its effect on her. Within the story is a fantastic representation of how proper estate planning -- including power of attorney -- can help families come together despite what can be a challenging end.
California residents may have seen the news that a multi-millionaire went missing last week under mysterious circumstances. Now the fallout over the man's disappearance seems to be coming to a head, as his wife and mother wrestle over control of the man's numerous business interests, assets and property. The man vanished last week after embarking on his fishing boat, which later washed up on a Fort Lauderdale beach.
The controversy surrounding the estate of painter Thomas Kinkade, including his palatial mansion in Monte Sereno, California, will continue as the court begins probate proceedings early next month. Among the issues at the heart of the controversy are the validity of claims made by Kinkade's live-in girlfriend and the documents that she claims express Kinkade's desires for the division of his property. The case provides for excellent celebrity drama, but also serves as a cautionary tale for those who may not recognize the advantages of avoiding probate.
Mike Wallace entered the living rooms of many Sacramento, California, homes for nearly six decades until his retirement in 2006. The journalist will always be remembered for asking the tough questions at the right time. Most recently, however, the "60 Minutes" anchor passed away at the age of 93. News of Wallace's health in his final days is a strong reminder for individuals to establish durable power of attorney in a timely fashion.
One of the primary goals of an estate plan is to take care of your family in the event of your death. It is not often pleasant to reflect on those circumstances, but it is a reality that all of us will necessarily face at one time. The best course of action, therefore, is to address potential problems and solve them using the legal tools available.
Legendary singer Etta James passed away on January 20, 2012, as she succumbed to complications due to leukemia. The world renowned singer--famous for songs such as "At Last" and "I'd Rather go Blind"--died at a Riverside, California hospital with her husband and two sons at her side.