“Life Planning” to Preserve Quality of Life

Related Attorney(s): Ann G. JakabcinSteven A. Widdes

Practice Areas: Estates + Trusts

Stein Sperling principals Ann Jakabcin and Steve Widdes discuss the importance of "Life Planning" as a part of estate planning to preserve clients' quality of life as they age.  This includes using Powers of Attorney and Medical Directives to plan for future life transitions.

Transcript:

 

Ann Jakabcin: Clients are living longer and longer. That means estate planning can't simply be writing a Will or planning to reduce estate taxes. Yes, that's part of it, but we at Stein Sperling try and give each client a life plan that allows them to preserve the quality of their life as they age.

Steve Widdes: In the event of a disability or incapacity, our clients need to know that the individuals they have selected under their Power of Attorney and Medical Directive will make that difficult transition just a bit easier.

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