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How to Ensure Your End-of-Life Decisions Are Followed
Legacy Tips of the Week
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Trivia Question❓ |
What percentage of adults in the U.S. have a living will or advance healthcare directive in place? |
Answer at the bottom of the newsletter |
How to Ensure Your End-of-Life Decisions Are Followed |
Planning for the future and ensuring that your end-of-life decisions are followed is an essential part of securing peace of mind for both you and your loved ones. While it can be difficult to think about, having a clear plan in place makes a challenging time easier for those who care for you. Start by creating a legally binding will. A will is the foundation of your end-of-life plan, outlining your wishes for the distribution of your assets, the care of your dependents, and any specific final requests. Be sure to update it regularly to reflect changes in your life, such as marriage, children, or new assets. Next, consider a living will or advance healthcare directive. This document outlines your preferences for medical treatment should you become incapacitated and unable to communicate your wishes. Include instructions regarding life support, organ donation, and palliative care. It’s crucial that these documents are accessible and legally recognized in your jurisdiction. Designate a trusted person to act as your power of attorney. This person will have the authority to make decisions on your behalf in the event of illness or incapacity. It’s important to have open discussions with them about your wishes and ensure they’re comfortable with the responsibility. Finally, communicate your plans with loved ones. Having candid conversations about your desires can help avoid confusion and conflict during difficult times. Being proactive and organized ensures your end-of-life decisions are followed and honored when the time comes. |
Are you a 7-figure business owner ready to scale? What’s holding you back—sales or hidden inefficiencies draining your business? Most business owners lose 4-5% of revenue annually to unnecessary fees and spend 21% of their week on admin tasks. Burnout impacts 70%, often due to avoidable problems. Join our free virtual lunch and learn: Beyond the Bottom Line: The Silent Killers of Profitability. Date: Thursday, January 30, 2025 Time: 11 AM–12 PM Eastern Location: Zoom Lunch is on us for the first 30 registrants! Register HERE to uncover cash flow, eliminate inefficiencies, and reduce stress. |
You’re Invited! Do you own stock with significant capital gains but hesitate to sell due to taxes? Discover a unique, tax-exempt asset diversification trust that allows you to:
Join our free virtual lunch and learn on Thursday, January 30, 2025, from 2–3 PM Eastern via Zoom. Lunch is on us for the first 30 registrants! Plus, one attendee will win a 3-night stay at a 5-star resort. Register HERE for this purely educational event! |
Transform Your Legacy with Stan Miller What if your estate plan could pass down values, purpose, and generosity—not just wealth? Join Stan Miller for a free virtual lunch and learn to discover how to:
Date: 1/30/2025 Time: Noon to 1PM Location: Zoom Nothing will be sold—this is purely educational. Lunch details in your confirmation email for the first 30 registrants. Your family. Your legacy. Start today! Register now. |
💡 Answer to Trivia Question: |
Approximately 30%. |