Revocable Living Trust

A revocable living trust affords the highest degree of asset management protection for individuals upon their incapacity or death. Assets held in this type of trust are fully managed and protected by the “trustee” as long as he or she is “alive and able” to serve. If an incapacitating or disabilitating incident occurs a “successor trustee”, appointed by you, steps into the trustee’s place and advances the management and protection of the trust. The powers of the successor trustee are restricted to only those assets that are owned by the trust.

Durable Power of Attorney’s aim is addressing other property, financial, and legal issues of importance.

Durable Power of Attorney appoints a trusted individual to look over your property, finances, and legal matters when you are unable to because of incapacity. The person you appoint primarily acts as your legal representative to file taxes, watch over your assets and investments, pay your bills, and other expenses. The power you appoint this person is specific and can be changed at any time.

Health Care Directives manage critical medical decisions.

Health Care Directives (HCDs) are best known for specifying how you want to be treated if you are in an irreversible coma, terminal condition, or persistent vegetative state. HCDs actually serve two important functions. First, HCDs establish your individual health care wishes; second, HCDs identify the individuals who are empowered to make medical decisions for you when you are unable to make these decisions because of a condition

HIPAA Authorizations guarantee family access to secured health care information.

HIPPA Authorizations guarantee those making decisions on your behalf access to your secured health care information. HIPPA’s regulatory goal of strictly limiting third party access to your protected health care information is typically beneficial to you, however sometimes this limited access can inhibit your family’s ability to obtain important medical information. To avoid such situations, HIPPA Authorizations are necessary to designate those Authorized Recipients that can gain access to your health care information when needed.