The 4 Most Important Legal Documents You Need During COVID-19 Power of Attorney for Health Care – This document allows someone else to make health decisions on your behalf if you cannot (think hospitalization). IF YOU DO NOT HAVE THIS DOCUMENT, YOUR LOVED ONES WILL NEED TO GO TO COURT TO GET CONTROL (could be months!) Power of Attorney for Finances– This document allows someone else to make financial decisions on your behalf if you cannot (like pay the electric bill, deposit checks, buy and sell property) IF YOU DO NOT HAVE THIS DOCUMENT, YOUR LOVED ONES WILL NEED TO.

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How Do You Switch Title (Names) On Bank Accounts When Someone Passes Away If you want to discuss what your family needs to avoid Court proceedings, click here to schedule a strategy session today! In order to switch title to Bank Accounts, you must determine if the account is:  Trust Account  Joint Account Account with a Pay on Death Beneficiary (Beneficiaries inherit your assets) Regular -Account with no Pay on Death Beneficiary The above 4 types of accounts will go through different procedures to switch title.  If you want to discuss what types of accounts are part of your particular.

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Example today of what happens to your stuff if you have a valid and legal will. Alright, so you’ve made a will online or you made a will by going to anywhere and actually making the will. And it’s valid and legal in this example. So the question is, what happens?  How does it work? Well, let’s go through life. Let’s just say you have a stroke, right? And you find yourself in the hospital and you’re now incapacitated. The question is who’s going to handle your affairs? Right?  We have something in place in the law books called a.

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There are four (4) ways to do it if you don’t have Long Term Care Insurance. Your parent (or you) need to be admitted into a Los Angeles Nursing Home. Assisted Living Facility is not an option anymore because you likely need intensive care. In Home care is not an option because it is too expensive. Don’t just opt-in for private pay – do your due diligence! Find out if you can qualify for the below programs (aside from #1).  Here are all of your options:  #1 Use Your Own Money Well you could use your own money. If you’re.

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