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Blunders in health care planning can be detrimental

Knowing that not all divorces are pleasant and harmonious, when getting a divorce, you should not wait to take care of having a living will or power of attorney. Second, you should ensure it remains updated by assigning your medical decision-making to people that you know will have your best interests in mind. Unfortunately, this is one part of estate planning that too many people overlook, but it is an important part. No one can predict when a tragic accident is going to occur that could leave you incapacitated.

Source: Investment News, "Lamar Odom's medical debacle offers lessons on estate planning," Greg Iacurci, Oct. 19, 2015

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