In certain situations, beneficiaries of programs like Supplemental Security Income (SSI) and Medicaid may be at risk of losing their benefits. For example, if they come
Heirs receiving an inheritance can expect the process to take time. Having a plan for the money and consulting with professionals are also things to remember.
One of the biggest challenges that clients encounter during the process is deciding who to appoint as their trustees, powers of attorney, health care surrogates and executors.
Establishing an estate plan is extremely important. As life changes, it is necessary to update your plan to fit new circumstances.
Only you know your capacity and willingness to serve, or the degree of need expressed by the person asking you. However, it should help to know first that if you do decide to accept, there can be help out there and second there are standard procedures and practices you can follow.
Given their salaries and the chances of getting sued, physicians should strongly consider estate planning early in their careers.