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What is a Healthcare Power of Attorney

WebUnderstanding a Healthcare Power of Attorney (POA) is an essential part of planning for your future healthcare needs. In North Carolina, this legal document allows …

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URL: https://vailgardnerlaw.com/estate-planning-blog/what-is-a-healthcare-power-of-attorney-nc-essential-guide/

Why You Need a Medical Power of Attorney

WebEstate planning isn’t something that is fun to talk about. No one wants to think about death or what will happen after they are gone. But it is necessary to talk about it, …

Category: Health Go Health

Who Makes Medical Decisions If You Are Incapacitated

WebA general power of attorney lets someone make decisions for you while you are alive and well. However, their powers of attorney end if you become incapacitated. A durable …

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How to Obtain Medical Power of Attorney for a Parent

WebThe process for obtaining guardianship involves filing an incompetency petition in the appropriate North Carolina court. You must provide evidence of your parent’s incapacity, …

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Frequent Flyer Alert: Portability of Advance Healthcare Directives

WebThe NCSOS Registry is a centralized location where healthcare providers can access your directives in case of an emergency (§ 90-321). Filing your Advance Directive in this …

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Medicaid Trust Pros & Cons: What You Need to Know

WebA Medicaid asset protection trust is a legal entity or framework that holds title to assets you transfer into it. It is a type of irrevocable trust that estate planning attorneys use to help …

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Special Needs Trust Protects SSI and Inheritance for Disabled

WebA special needs trust can help someone with disabilities qualify for a Supplemental Security Income (SSI) benefit. This is because the disabled individual does not own the trust. The …

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Why Medical Planning Matters in Retirement

WebAs you age, healthcare needs often become more complex and expensive. A medical plan can give you peace of mind and ensure your wishes are respected, even if …

Category: Medical Go Health

Does a Trust Protect Your Assets from Medicaid

WebAs aging populations grow and healthcare costs rise, safeguarding your hard-earned assets while ensuring access to essential healthcare services becomes …

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Does an Advance Directive Need to be Notarized in NC

WebNotarized. The advance directive must be notarized to be legally binding. This is crucial for healthcare providers who may need to rely on this document to make decisions about …

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Estate Planning for Mental Health: Do It For Your Future Self

WebIt's okay not to be okay. To remove the stigma surrounding mental health, we must recognize that mental illness affects approximately one in five US adults. You or …

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How to Protect Your Parents' Assets From Nursing Homes

WebEstablishing a trust can be an effective way to shield assets. Irrevocable trusts, in particular, can protect assets from causing Medicaid eligibility. Once placed in …

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Protect Your Money from Nursing Homes

WebDoes your future include living in a nursing home or needing long-term care? As we get older, we wonder what lies ahead. According to LongTermCare.gov, …

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Getting Affairs in Order Checklist: Prepare for Your Future

WebAre you prepared for the future? It's a question many of us hesitate to answer, but it's a crucial one nonetheless. In the unpredictable journey of life, having a …

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How to Protect Your Assets in the Case of Divorce

WebAsset Protection In the Case of An Heir’s Divorce. It is possible to protect an heir’s inheritance, even after you are long gone. If you have assets to pass down that …

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How to Face Inheritance Issues With Stepchildren

WebHowever, your children may struggle with this decision if your wife or husband is their stepparent. One way to protect your assets is by setting up a trust and naming your …

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5 Factors to Consider Before Giving a Monetary Gift

WebIt is possible to give up to $15,000 each year to each person you’d like to give to. The federal government does not count this amount toward your lifetime giving limits. …

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5 Things You Should Never Put in Your Will

WebThere are a few things you should never put in your will when you're planning for your heirs. Understanding these items can help your loved ones avoid …

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