A good estate plan keeps you in control

摘要

ESTATE planning means maintaining control of your own affairs while alive and well, planning for the care of yourself and your loved ones in case you become disabled, then giving what you have to whom you want, when you want and the way you want.Notice that our definition starts with you: keeping control and your care during disability. Head-in-the-sand approach: "If I have a stroke or get Alzheimer's, my wife can take care of business for me." Unfortunately, no law gives your spouse the power to transact business for you if you become mentally incompetent. Many business-related documents cannot be signed for you by even your spouse without prior, written authorization from you.