Paid AdvertisingLEGAL TIPS:Estate Planning & ResolutionsBy Matt Sullivan, J.D., LL.M.Attorney &Counselor at LanMany people resolveto improve themselvesfor each New Year Forexample, they promiseto change their diet, loseveight, and avoid votingfor liberal politiciansShouldn't estate planningbe on vour st ofresolutions?so. The Directive to Physicians is also known asa Living Will and is your opportunity to state inwriting how you want to be treated in an end-of-life situation. The Medical Power of Attorneywill allow someone to make most medicaldecisions for vou if vou can't. The HIPAARelease will allow designated pcople to obtainyour medical information. The Declaration ofGuardian can appoint or prevent someone frombeing appointed as your guardian and it's used toappoint a guardian for your children.Second, when was the last time you reviewed thetitle to your assets or the beneficiary designationsof assets you own? These can be importantissues if a person's death occurs, Assets thatFirst, what wouldhappen to your kids ifsomething happened to you? Have you taken have properly filled out beneficiary designationsthe time to have your estate planning documents will be paid to the beneficiary regardless of whatproperly prepared and executed? Some of the is in the owner's Wil Such assets include lifemost important documents to consider areinsurance, IRAs and 401(k)s to name a few* Will* Durable Power of Attorne* Directive to Physicians*Medical Power of AttorneyThird, what would happen to your pets if youdied or became disabled and weren't able to carefor them? Pets are important to many people andshould be considered when preparing an estateplan.While estate planning may not be the most funor exciting undertaking, it can be important andHIPAA Release, and aDeclaration of Guardian.beneficial for vour familyMatt Sullivan, J.D., LL.M., Attorney &Each document plays an important part in Counselor at Law, can be reached at 903-482-the overall plan. The Will can dispose of your 0099 or through his law firm's web siproperty upon your death. Within it, you can also mattsullivanattornev.comestablish trusts and appoint guardians for yourkids. A Durable Power of Attorney will authorizesomeone to act on your behalf if you cannot doThis article is not intended as specific legaladvice and vou should consult with vour ownattorne

Date: January 11, 2018

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Paid Advertising LEGAL TIPS: Estate Planning & Resolutions By Matt Sullivan, J.D., LL.M. Attorney &Counselor at Lan Many people resolve to improve themselves for each New Year For example, they promise to change their diet, lose veight, and avoid voting for liberal politicians Shouldn't estate planning be on vour st of resolutions? so. The Directive to Physicians is also known as a Living Will and is your opportunity to state in writing how you want to be treated in an end- of-life situation. The Medical Power of Attorney will allow someone to make most medical decisions for vou if vou can't. The HIPAA Release will allow designated pcople to obtain your medical information. The Declaration of Guardian can appoint or prevent someone from being appointed as your guardian and it's used to appoint a guardian for your children. Second, when was the last time you reviewed the title to your assets or the beneficiary designations of assets you own? These can be important issues if a person's death occurs, Assets that First, what would happen to your kids if something happened to you? Have you taken have properly filled out beneficiary designations the time to have your estate planning documents will be paid to the beneficiary regardless of what properly prepared and executed? Some of the is in the owner's Wil Such assets include life most important documents to consider are insurance, IRAs and 401(k)s to name a few * Will * Durable Power of Attorne * Directive to Physicians *Medical Power of Attorney Third, what would happen to your pets if you died or became disabled and weren't able to care for them? Pets are important to many people and should be considered when preparing an estate plan. While estate planning may not be the most fun or exciting undertaking, it can be important and HIPAA Release, and a Declaration of Guardian. beneficial for vour family Matt Sullivan, J.D., LL.M., Attorney & Each document plays an important part in Counselor at Law, can be reached at 903-482- the overall plan. The Will can dispose of your 0099 or through his law firm's web si property upon your death. Within it, you can also mattsullivanattornev.com establish trusts and appoint guardians for your kids. A Durable Power of Attorney will authorize someone to act on your behalf if you cannot do This article is not intended as specific legal advice and vou should consult with vour own attorne