Is Social Media Our Online Tombstone?

1. How social media affects the dying process

 

From the post:

 

When NPR Radio host Scott Simon tweeted from his mother’s deathbed, he opened a window into the usually-private process of dying.

 

 

Jody Schoger, another cancer survivor, thinks that “the more we talk and write about death, the easier dying becomes … if you know what’s going to happen, and how it can happen, you can make some plans, know what kind of questions to ask, make your wishes known so that your family and your doctor know what you want.”

2. 1 billion new family records publicly available

 

Thanks to FamilySearch.org and Ancestry.org teaming up.

 

3. How to close your online accounts

 

Just Delete Me is a huge-and-growing directory of links to account deletion pages. It’s probably worth spending an afternoon going through the directory and deleting any accounts you don’t regularly use.

 

4. ♫ I don’t want to live forever (online) ♫

 

It turns out most people don’t, but one-fifth of Britons surveyed haven’t even thought about what will happen to their online accounts after they die.

 

Courtesy of Estate Dispatch

Taking the Complexity Out of Estate Planning

Remember that old joke: How do you eat an elephant?  Answer: One bite at a time.  At the heart of that gag is the truth about how you tackle any seemingly complex task, taking it one step at a time so as not to overwhelm yourself.

Many people neglect to create an estate plan because they see it as the proverbial elephant…too big, too complex.  But if you approach estate planning in a systematic fashion, it takes the complexity right out of it – especially with the help of a knowledgeable estate planning attorney.

Here are some tips on how you can reduce the complexity in creating an estate plan, from a recent Fox Business article:

Add up your assets.  Take into account your retirement accounts, life insurance, potential inheritance, savings, property ownership, etc.

Consider trusts.  Trusts are simply vehicles for protecting your assets from creditors – yours or your heirs – and from potential future ex-spouses.  They are also a great mechanism for maintaining your privacy and allowing your assets to pass to your heirs without the expense and hassle of probate, which can tie up assets for a year or more.  And they also help you and your heirs avoid estate taxes.

Think about whom you trust to act as your agent(s).  You will need to appoint a person or persons to act as your agent through a power of attorney in case you are unable to make those decisions yourself, in the case you become incapacitated or have a terminal illness.  This applies for health care decisions as well as financial oversight.

Realize what a will can and cannot do for you.  A will is the cornerstone of your estate plan, giving you the legal power to pass along assets and property to heirs as well as name a guardian for minor children and appoint the people you need to carry out your wishes after you are gone – i.e., who will administer your estate and who will safeguard your assets for minor children.

If you would like to have a talk about estate planning, call our office today to schedule a time for us to sit down and talk. We normally charge $750 for a Family Wealth Planning Session, but because this planning is so important, I’ve made space for the next two people who mention this article to have a complete planning session at no charge. Call today and mention this article.

 

Medicaid, PeachCare Enrollment Hits New Record

New GA Medicaid Record–1.9 million or 1 in every 5 & 100,000 more expected to demand soon under the ACA despite the Governor’s refusal of expansion under the new law.   Read more about the highlights of the state’s presentation