Part of estate planning is choosing an executor for the estate. This person is responsible for distributing assets according to the decedent's wishes, appearing before the court in all proceedings and paying off debts and fees. Often a family member or friend fills the role.
An on-the-job injury causes not only pain and suffering, but often a long and difficult battle for workers' compensation. This battle becomes especially difficult when an employer disputes the worker's claim, or, when after a complicated process of filing claims and seeking compensation, employers and insurers deny the workers' compensation claim.
In New Jersey in the winter months, a slip-and-fall injury can be a common occurrence, as sidewalks, roads and driveways become slick with ice. Slip-and-fall injuries can occur nearly anywhere, and in some cases, the cause rests with a negligent individual or company ultimately responsible for the conditions that led to the fall.
A will is a document that many people intend to draw up, but often they procrastinate for a variety of reasons. They might feel that they have designated enough beneficiaries in their accounts. They might also figure that their assets are going to naturally fall into the right hands after they pass away, and that drawing out an actual will may be redundant. Then off course, there is the matter that drawing up a will is an admittance of mortality, but just because a will has been prepared doesn't mean it necessarily will be executed any time soon. It merely recognizes that anything can happen, and although a person's last day may seem far off accidents and unexpected disease can happen leaving little time for planning. It is better to make plans early when you are able to be an active participant. Here are some reasons why it is important to have a will.
The Economist, in conjunction with the Kaiser Family Foundation, polled people in four countries to gain a deeper understanding of what is most important when thinking about end-of-life wishes. People from the United States, Brazil, Italy and Japan were given a list of preferences to choose from when envisioning how they want to live the last moments of their life.
Wills and living wills are two totally different documents. The most notable difference is that a will takes effect after you have passed while a living will has legal power while you are alive.
A whiplash injury occurs when your head suddenly moves backward and forward with force. This causes the muscles and ligaments in your neck to extend beyond the normal range of motion. Whiplash can happen for various reasons, and sometimes symptoms may not show up for several days or weeks.
As you begin the estate planning process, you might be concerned about end-of-life care. What happens if you become seriously injured, terminally ill or enter later stages of dementia? This can be a scary thought, as you would not be able to make decisions about your own health care.
Who will make your medical decisions for you if you ever become unable to make them yourself? This may be a question you want to avoid, but creating a health care directive before you face a serious emergency or illness ensures the following of your wishes. Appointing a health care representative can give you and your family peace of mind if such an unfortunate event should occur.
Assigning someone the financial power of attorney, or POA, is a big deal. This person will handle your financial affairs should you become incapacitated. Completing this step ensures your finances will be taken care of even if you are unable to make decisions for yourself. Due to the brevity of this responsibility, you should make sure you choose the right person when you sign a POA.