Century Trusts & Estate Planning

It is frustrating to hear this! We may not all be as wealthy as some celebs but we all need an estate plan. We are here to help you that.

Don't hesitate to give us a call.

Question: Will my health care agent be responsible for my medical bills? Answer: No, not unless that person would otherwise me responsible for your debts. The Advance Health Care Directive deals only with medical decision making and has no effect on financial responsibility for your health care. Please note, however, that unless you have made other arrangements, your agent may be responsible for costs related to the disposition of your body after you die. It’s best to contact us regarding how your financial affairs should best be handled.

Question: I have a will. Why would I want a living trust? Answer: Contrary to what most people have heard (and have been led to believe over the years), a will is probably not the best way to plan your estate---primarily because a will does not avoid probate. In fact, a will is a one-way ticket to probate---all wills must be verified by the court before they can be enforced. Also, because a will can only go into effect after you die, it provides no protection if you becom...e physically or mentally incapacitated---a real concern of millions of older Americans---and you could easily end up under the control of the probate court before you die. Fortunately, there is a traditional alternative to wills and probate. It's a called a revocable living trust. It avoids all probate and makes sure your plan won't be altered by the court or disgruntled relatives at your death or disability.

If you're at high risk for serious complications from COVID-19, now is the time to create a living will and choose who can make medical decisions for you, two doctors write for WBUR 90.9 FM.

What Is an Advance Directive? An advance directive, also known as an advance health care directive or a living will, is a legal document that outlines what health care decisions should be made on your behalf in the event that you are unable to make your own decisions. Receiving medical treatment, especially when dealing with serious illness or end-of-life situations, often comes with many different decisions to make. Do you want to be kept alive no matter what, even if you’re suffering? Should you undergo a risky surgery? If you do pass away, do you prefer a burial or a cremation? Advance directives help to erase ambiguity in situations where doctors can’t ask patients how they wish to be treated.

Last week the #1 Google search was for, "How to get a Will and Healthcare POA." Don't hesitate to call us; we are here to assist you with that.