Twitter Facebook Myspace

What Everyone Forgets

 

When moving into a new home you should always check the smoke alarms and fire extinguishers. You just bought a new house so it makes sense to ensure it doesn’t burn down. But after a divorce many people fail to take the next steps necessary to protect their newly awarded separate property.

Despite all the planning required when moving into a new home, people regularly move into a new life as a single person without the necessary planning to ensure that their affairs are taken care of if they become incapacitated and their loved ones and property are protected from creditors and predators.

Every adult needs some kind of estate plan, even if nothing more than an Advance Healthcare Directive. Yet it becomes even more pressing when one is newly divorced. After a divorce, our Estate Planning attorney will review assets to ensure that title has been updated and is held properly, that account beneficiaries reflect the newly-single person’s wishes, and that children are protected from future step-parents.

I often get sad calls from people who learn their step-parent is getting what was supposed to be their inheritance. Why? Because their parent didn’t plan – they simply put it off for “later” and the surviving step-parent spends or inherits everything.

If a divorced party should unexpectedly die before creating a new estate plan, the ex-spouse might receive control of assets that had been intended for the children. While the surviving parent might have the children’s best interests at heart, their new spouse may not. Make certain that the legacy intended for the children does not end up in the pockets of your ex and their new love-interest.

The great thing about Estate Planning is, if you’re still fortunate enough to be reading about it or thinking about it, it’s not too late to act on it. Don’t leave your loved ones in the position of having to call my office to ask if we can “fix” things. Attend to your estate now, and leave your loved ones the best legacy possible. A legacy you plan, not the default which will enrich tax collectors, bill collectors, and surely divide families as they fight over what they think you would have wanted.

Remember, we host a Free Family Law and Divorce Workshop on the second Saturday of every month. Our next workshop is Saturday, June 9 from 10AM to 12PM. Call (818) 348-6700 to RSVP.

A Gift from The Law Collaborative

photo by only alice via PhotoRee

We have a Special Limited Time Offer ($500 Value) for current clients in good standing.

The 1996 Health Insurance Portability and Accountability Act (HIPAA) was designed to make health insurance portable for employees, but it also imposed strict rules for the release of private medical information.

Healthcare providers, in efforts to comply with HIPAA, regularly refuse to provide family members with critical information about the medical conditions of their loved ones. The problem is, once disabled, a person may no longer be able to grant the necessary authorization. Abusive and neglectful caregivers have been known to hide behind these rules, while loved ones are denied recourse.

To help protect our clients, The Law Collaborative is offering to prepare and provide current clients in good-standing with a complimentary Advanced Health Care Directive, Living Will, Healthcare Power of Attorney, and HIPAA Authorization. Clients will also receive a wallet card and a complimentary one-year enrollment in a service that stores these important legal documents so that they can be accessed by medical professionals anywhere in the world in case of emergency. The wallet card also lists allergies, medical conditions, and provides a toll-free number for access to these critical documents.

We care about our clients and we want them to be protected when they need it most. To take advantage of this limited time offer or for further information on how you can control your property while you’re alive, care for yourself and your loved ones if you become disabled, and give what you have to whom you want, the way you want, when you want, call us toll free at (888) 852-9961 and ask about our HIPAA offer and free estate planning consultation.

Your legacy matters – take control of it now.

*This is a limited time offer to clients with current billing accounts and may be subject to change or revocation at any time without notice.

Best wishes,
Ronald Supancic, CFLS and Robert Borsky, Esq.
Partners at The Law Collaborative, LLC