News & Analysis as of July 25, 2025

Power of Attorney

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Estate Planning is a process where individuals prepare or plan for the settlement of their personal affairs in the event of incapacitation or death. Estate plans typically include provisions relating to the disposition of assets, guardianship of minor children, and appointment of representatives to make medical and financial decisions. Effective estate planning can decrease tax liability and facilitate the probate process. less -

Planning for the Future with Advance Directives, POLST, and Funeral Representatives

Saiber LLC on 4/4/2025

Healthcare treatment. Hospital preferences. End-of-life care. Some choices are too important to leave to chance—yet they often are. A recent poll found that only 46% of older adults in the U.S. had documented their...more

Wills, Trusts & Estates: Plain and Simple Advance Directives

Rivkin Radler LLP on 2/6/2025

It is important for all adults to have advance directives in place to ensure that your wishes will be carried out if you become incapacitated. There are three basic types of advance directives: a living will, a health care...more

Quick Bites: Estate Planning

Rivkin Radler LLP on 12/13/2024

As a general concept, estate planning allows an individual to plan not only for what happens to his or her estate upon death, but also how his or her affairs are handled during life. There are certain documents that each...more

Is Your Family’s Planning Actually Ready for an Unexpected Incapacity or Death? Stress Testing Your Estate Planning – Step 1

Warner Norcross + Judd on 11/1/2024

Many families are confident that they have made the necessary preparations to transition their wealth, businesses, foundation and family office to the next generation ... someday, when the time is right. We know that some...more

Family Members Living With Dementia: Guardianship and Guardianship Alternatives

Hendershot Cowart P.C. on 9/9/2024

Celebrities like Jay Leno and Emma Hemming Willis (married to Bruce Willis) are speaking out about their experiences with guardianship and caregiving. If you are caring for a family member with dementia too, a time will...more

Planning for the Future: Managing Your Healthcare with Advance Directives

Amundsen Davis LLC on 7/22/2024

A comprehensive estate plan provides how your estate is handled in the event of death or incapacitation. It also establishes your desires for how medical and life-sustaining treatments are communicated and administered. ...more

Durable Power of Attorney – One of Your Most Important Estate Planning Documents

Lasher Holzapfel Sperry & Ebberson PLLC on 7/16/2024

We all make important decisions and engage in regular financial transactions without giving a second thought about our capacity to do so. But what if you suddenly lost the ability? What would happen? While most of us don’t...more

You Can Just Say No: Declining to Act as an Agent Under a Power of Attorney

Chambliss, Bahner & Stophel, P.C. on 2/23/2022

Acting as an agent under a power of attorney is a big responsibility and it isn’t something everyone can take on. It is possible to resign or refuse the position....more

Wills, Trusts & Estates: Plain and Simple – Advance Directives Are Important: COVID-19 Or Not

Farrell Fritz, P.C. on 6/19/2020

It is important to have advance directives in place, whether in the midst of a pandemic or not. All adults should have three types of advance directives. ...more

Estate Planning In The COVID-19 Era

Haynsworth Sinkler Boyd, P.A. on 5/15/2020

In uncertain times like these, COVID-19 reminds us to be prepared for the unexpected. Do you have an estate plan in place? If so, now is the time to review those plans and make any necessary updates. If not, consider...more

Estate Planning and North Carolina Temporary Emergency Video Notarization

Smith Debnam Narron Drake Saintsing & Myers,... on 5/8/2020

Over the past few months, life has changed dramatically for a majority of North Carolinians. Due to the COVID-19 pandemic, the need for individuals to have estate planning documents, including a will, durable powers of...more

An Important Message during Difficult Times

Rivkin Radler LLP on 4/10/2020

Friends and colleagues- My thoughts are with you during these uncertain times. First and foremost, I want you and your family to stay safe and healthy. Social distancing is a small price to pay for guarding the wellness...more

Taking Control in Uncertain Times – Transfer Tax Planning in the Eye of the Hurricane

Womble Bond Dickinson on 3/31/2020

The COVID-19 virus, or Coronavirus, has thrown the world in to a tailspin. Businesses have closed their doors, once crowded streets are deserted and people are self-isolating in their homes. During this crisis, there are...more

Estate Planning Tips for Food and Beverage Entrepreneurs

Nutter McClennen & Fish LLP on 3/10/2020

Q: What is estate planning? Johanna Wise Sullivan: Estate planning entails planning for the care of your family and your assets in the event of your death or incapacity as efficiently and seamlessly as possible. This includes...more

Isn’t an Online Financial Power of Attorney Form Good Enough?

Ruder Ware on 2/28/2020

When people ask me what they can do to make things easier for their loved ones if something happens to them, the first question I ask is if they have power of attorney documents in place. A good financial power of attorney...more

Why Estate Planning is not Just for the Wealthy and Elderly

Jaburg Wilk on 9/25/2019

In a youth-focused society, it is difficult to contemplate aging, let alone dying. Many young people assume, incorrectly, that estate planning is just for the elderly or the very wealthy. There are four reasons why everyone -...more

What Is the Difference Between a Living Will and a Do-Not-Resuscitate Order?

Chambliss, Bahner & Stophel, P.C. on 6/14/2019

It is a very good idea to create advance directives in order to plan for the possibility that you may one day be unable to make your own medical decisions. In doing so, there can be confusion about the difference between a...more

McNees Insights – Estate Planning: March 2019

McNees Wallace & Nurick LLC on 3/27/2019

Estate Planning for Real Estate Owners - Estate planning for valuable, illiquid assets presents a variety of challenges. With respect to real estate, planning challenges can be compounded due to fractional ownership, outside...more

National Health Care Decisions Day

Tucker Arensberg, P.C. on 4/18/2017

National Health Care Decisions Day, for its 10th anniversary, is being “celebrated” all week – April 16 – 22, 2017. The event focuses on making health care planning, including healthcare proxies and advance directives/ living...more

Four Steps to Take Right After an Alzheimer's Diagnosis

Chambliss, Bahner & Stophel, P.C. on 5/6/2016

If you or a loved one has been diagnosed with Alzheimer's disease, it is important to start planning immediately. There are several essential documents to help you once you become incapacitated, but if you don't already have...more

Your Estate Plan – Four Documents You Should Be Considering

Davis Wright Tremaine LLP on 12/15/2015

An estate plan can be a complicated thing. Attorneys, accountants, advisors all may be involved in pulling together a customized plan that conforms to your desires, complies with state and federal law and minimizes your tax...more

Estate Planning Considerations: Documentation and Peace of Mind

Baker Donelson on 2/11/2013

With the introduction of the American Taxpayer Relief Act of 2012 (Act), the world of estate planning has been injected with a dose of certainty after more than 10 years of uncertainty as to federal estate, gift and...more

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