Common Incapacity Planning Mistakes
Many people will do this because they think they are making things easier. Often, these things make things worse in the long run. Especially when it comes to government benefits.
A Power of Attorney and an Advanced Healthcare Directive are often the legal documents needed to solve these problems.
Changing title isn’t necessary and can often lead to more problems. You could end up making a gift that you didn’t intend. You could expose your assets to the other loved ones creditors. You could expose them to your child’s divorce. You can disqualify yourself from government benefits.
This video explains more.
If you have questions or want to plan with me, click here to schedule a planning session.
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