Estate Planning For A Loved One With Special Needs

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For many families, taking care of a loved one with special needs is a daily challenge. Whether it is a child, sibling or other family member, the compassion and caring instincts can be overwhelming. But when it comes to the specific estate planning needs and desires of these situations, it can be very important to look at all the contingencies.

While you want to make sure that your loved ones needs will be met or surpassed, you also need to make decisions that will benefit your overall estate plans at the same time. If your planning also involves family members without special needs, specific considerations should be in place that will maximize the overall benefit to your family, while not sacrificing your special needs plans.

Seven Factors To Consider: Sigue leyendo

Estate Planning Considerations for Young People

Estate planning is not just for older or wealthy people, younger people need an estate plan if they have minor children or to be prepared in case of a serious injury or accidental death.

Younger people who participate in risky sports or activities like skiing, cliff diving, car racing, or even boxing should consider the possibility that they could become seriously injured and require long-term medical care. Even worse, your untimely death could result from these activities.risky Sigue leyendo

Living will: Its origins

The origin of the living will is attributed to Luis Kutner, Chicago lawyer International Amnesty co-founder in 1961, who since 1967 is defending its public implantation and in 1969 published in the Indiana Law Journal a model to express your will related to medical cares in the case of a terminal disease.

The living will in the US legal doctrine remits to the instructions given in the end of the life. Later on to this document there was attached a durable power of attorney whereby it is named a representative so he/she can take any decision according to patient wishes. Both documents are included in the Advances Health Care Directives.

En España, el testamento legal ha adquirido estatus legal en el 2002. La Ley regula los registros de carácter público denominados registros de instrucciones previas (término legal sinónimo y equivalente a testamentos vitales odocumentos de voluntades anticipadas) en todas las Comunidades Autónomas y un Registro nacional. Las Comunidades autónomas han publicado las respectivas normativas y ofrecen información y en numerosos casos modelos que siempre pueden ser modificados por los signatarios.