SANSONE LAW BLOG

Jun
14
Five Reasons Business Owners Need Estate Plans

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Business owners are notorious for engrossing themselves in the day-to-day management and functions of their businesses. As a business owner, you are likely the heart and soul of the company you lead, as you have built unique relationships with your customers, employees, contractors, and suppliers.


As we all know, life is often unpredictable. Imagine that tragedy strikes and you, as the business owner, are in a car accident and are severely injured or killed, which leaves you unable to make decisions or care for yourself and your family. What will happen to your business in such a situation? Who will take over your role? We do not know what tomorrow holds. Circumstances like this can happen to...


Apr
09
A Deeper Dive into Advance Healthcare Directives

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When it comes to your healthcare, especially during these uncertain times, you need to ensure that two estate planning documents in particular are up to date. The first is your healthcare power of attorney. This document allows you to name a person to make medical decisions on your behalf or communicate your wishes in the event you are unable to. The second document your estate plan should include is an advance healthcare directive, sometimes referred to as a living will. (It’s important to note that in some states, these two documents are combined into a single document.) An advanced healthcare directive clearly spells out your wishes for the end of your life. For example, you can spe...


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