Retiring With Enough Creating or Updating Estate Documents
Nov 18, 2025
Explore the necessity of estate documents and why they should be updated, especially after major life changes. Learn about the importance of wills in preventing intestacy issues and providing guardianship. Discover the various types of Powers of Attorney and their implications, including durable vs. springing options. Get insights on structuring legacy gifts and understanding recent tax law changes impacting estate planning. Finally, hear valuable tips on creating advanced medical directives and the importance of HIPAA releases.
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Procrastination Turned Productive Meeting
- Peter Guidry procrastinated updating estate documents for years but found the process far less painful than expected.
- He met an attorney and completed updates after 15 years, including wills, POAs, and medical directives.
Include HIPAA Releases With Documents
- Add HIPAA releases so designated people can access your medical information when needed.
- Sign state-specific HIPAA forms and store them with other important estate documents.
Reevaluate Trusts As Family Changes
- Decide whether trusts remain necessary as family circumstances and goals change over time.
- Simplify your will if protections for young beneficiaries are no longer needed.