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1 results

  • 21 - Who Needs an Estate Plan? Everyone

  • from Part III - Caring For Yourself and Your Family
  • Marcy Cottrell Houle, Elizabeth Eckstrom, Oregon Health and Science University
  • Book:
    The Gift of Aging
    Published online:
    08 June 2023
    Print publication:
    08 June 2023, pp 135-152

  • Summary

    We have a choice of when and how to plan. We can choose to plan proactively or reactively. Optimal time to start is when you are young and healthy. Studies show a direct correlation between the quality of life of those who are suffering from illness or incapacity and their level of planning. Creating a clear and comprehensive plan is a gift to your loved ones. Estate planning is too important to be considered a “do-it-yourself” project. Principal estate planning documents explained: 1. Last Will and Testament. 2. Trust. 3. Power of Attorney. 4. Health Care Proxy. 5. Living Will. Chapter give strategies on the best estate planning through the decades.