FEATURES & NEWS

How to Protect Your Assets
Estate Planning Law

How to Protect Your Assets in New York

In today’s economic climate, protecting your assets is not just about saving money—it’s about strategic planning to ensure financial stability and security for the future.

Read More »
All About Revocable Trust in New York
Estate Planning

Revocable Trust New York

All About Revocable Trusts in New York To ensure your assets are managed and distributed according to your wishes, estate planning is essential. One of

Read More »
Probate is the process of validating a will in a court of law, and settling all financial and estate affairs of a deceased person after their death.
Estate Planning

Probate New York Attorneys

Probate New York Attorneys Probate can be one of the most complex and stressful aspects of estate administration. It involves the legal process of validating

Read More »
Estate Planning as a DIY Challenge - Morgan Legal Group
Estate Planning

Estate planning as a DIY challenge

Estate Planning as a DIY Challenge In an era where information is more accessible than ever, many individuals feel empowered to take on challenges that

Read More »
Experienced Probate Property Attorney in New York - Morgan Legal Group
Estate Planning

Probate property attorney

Understanding the Role of a Probate Property Attorney in New York The probate process is a legal procedure that occurs after someone passes away, involving

Read More »
Major Reasons for Guardianship in New York
Estate Planning

Major reasons for guardianship

Major Reasons for Guardianship in New York Guardianship is a legal process in which a court appoints an individual, known as a guardian, to make

Read More »
Will an Attorney in New York
Estate Planning

Will Attorney New York

Will an Attorney in New York: Protecting Your Future Creating a will is one of the most important steps to plan for your future and

Read More »
Guardianship in New York
Estate Planning

Guardianship in New York

Guardianship in New York: Understanding the Process and Importance In New York, the guardianship process is a legal mechanism designed to protect those who are

Read More »
Understanding the Probate Process in New York
Estate Planning

Probate New York Lawyer

The Probate Process in New York: A Comprehensive Guide The probate process is often a challenging time for families as they cope with the loss

Read More »
Comprehensive Medicaid Trust Planning in New York
Estate Planning

Medicaid Trust New York

Probate Lawyers in NYC: Guiding You Through the Probate Process The probate process can be complex and overwhelming, particularly during a time of grief. At

Read More »
Experienced Probate Lawyers in NYC
Estate Planning

Probate Lawyers NYC

Probate Lawyers in NYC: Guiding You Through the Probate Process The probate process can be complex and overwhelming, particularly during a time of grief. At

Read More »
Estate Planning

Probate Lawyers New York

Probate Lawyers in New York: Your Guide Through the Process At Morgan Legal Group, we understand the complexities and emotional challenges of managing the estate

Read More »
Estate Planning

Estate Planning and Probate

Estate Planning and Probate At Morgan Legal Group, based in New York City, we specialize in estate planning, probate, guardianship, elder law, wills, and trusts.

Read More »
Estate Planning

Estate Planning and a Last Will

Estate Planning and a Last Will in New York At Morgan Legal Group, located in New York City, we specialize in estate planning, probate, guardianship,

Read More »
elder law

Importance of Elder Law Attorney

Importance of Elder Law Attorney in New York At Morgan Legal Group, located in New York City, we specialize in estate planning, probate, guardianship, elder

Read More »

The COVID-19 pandemic has resulted in a lot of unexpected legal challenges for many families. As many are facing issues with the authorization of necessary documents and health decisions on behalf of their loved ones. So many restrictions in visitation especially of the hospitals hence, people are worried about relating their wishes to their loved ones and who gets to handle and meet their health care needs. Many have asked, who can manage my health care decisions? How do I sign checks to pay the mortgage when I don’t have my check book? How will someone else pay my bills when they are not allowed to visit me in the hospital? How do I tell my family, who should not visit me, as regards my last wishes? and many other bothering questions.

Many of theses concerns and problems may seem complex, however, there are simple measures in place to tackle them all. Some basic estate planning documents are the most you need for the process of planning your estate which if done in time will take care of these concerns and wishes. Meanwhile, you can obtain these documents easily even some at no cost. Some of these documents include;

Durable Power of Attorney

This is the document that gives another the legal right to manage your finances and to pay your bills. It gives someone else the authority to access your bank account. Apart from the person authorized to do so by this document, no other person can write checks to pay your bills. You should have a Durable Power of Attorney for finances.

Health Care Power of Attorney 

This is otherwise called the Health Care Directive. This is the report that gives another the position to deal with your medical services choices in a circumstance where you can’t do such. It approves your life partner, kids or other friends and family to associate with your PCPs to settle on your clinical choices. In spite of the fact that it is not difficult to get this archive as some medical services suppliers even give it out free of charge yet, many individuals don’t have it. Either in light of the fact that they’re not sure how crucial the report is or inspired by a paranoid fear of giving over the control of their lives over to another which is just a bogus presumption. Tragically, when they understand how wrong they are it is past the point of no return.

Other necessary documents

Other documents that are also vital in planning your estate and needed in solving other legal estate planning and control issues include; Wills, HIPAA waiver and Revocable Trusts. It is important to note that these documents can not be done on behalf of a person, not even the spouse nor children can write these documents without the consent and signatures of whoever is concerned. Which is why in this era of the pandemic, things are a lot difficult as one cannot access the hospital easily to get these things done on sick bed as most situations warrant. Getting documents signed is the most difficult part of the process currently, since one is not allowed into the hospital to see the patient. This makes going to the court the only option even in such situation where everyone knows what should happen.

Meanwhile, you should only authorize anyone to act in any of these capacities after a thoughtful consideration. Because of the importance and how delicate your estate planning documents are you should review them on a regular basis to ensure they are consistent with your wishes and reflect changes in case of a change of mind.

In a situation where these basic documents are not signed and in place before an emergency occurs, the family can possibly go to a probate court for a conservatorship. This gives them the right over his or her finances and medical decisions. However, the process involve is confusing, time consuming and expensive. So, it is better for families to plan ahead before a crisis or an emergency hits in order to avoid confusion and unnecessary complicated processes. 

If you desire to talk with an estate planning attorney or have more questions and concerns about the subject matter, you can reach out to any of our Estate and Elder law attorney to guide you through this process.

Most Popular: