Commentary

July 19, 2013

Where there’s a will…

Tags:
Maj. Deric Prescott
Staff Judge Advocate, 951 RSPTS

Estate-Planning-Photo
The last thing your family needs to worry about after you pass away is settling your legal affairs. With the complications that may arise when dealing with an individual’s estate, it can never be too early to think about estate planning. However, knowing exactly what instruments you should have ready can be confusing.

Making a will is a good first step in planning for your estate. Everyone can benefit from having a will, even those with minimal assets. Wills allow you to determine which particular assets will go to certain people. Without a will, the state will distribute your assets to your spouse or next of kin, according to California’s succession laws. A will can also allow you to determine who will be the guardian of your children should something happen to you.

Another key part of estate planning is having a power of attorney. A power of attorney allows you to select an agent to handle your affairs. A “springing” power of attorney only comes into effect at a certain date or if you become incapacitated. In regard to medical decisions, you can create an advance health care directive that designates someone to make medical decisions for you, if you become unable to do so yourself. Also, this directive could establish whether or not you want life-sustaining treatment if you become terminally ill or permanently unconscious.

You should be careful about paying for pre-made estate planning products and seek individualized advice before signing any estate planning documents. The March Air Reserve Base Legal Office is able to provide wills, powers of attorney and healthcare directives to eligible military members. They recently expanded their Legal Assistance hours from 9 a.m. to 3 p.m. on Tuesdays, Wednesdays, and Thursdays. If you need further information or would like to setup an appointment, please contact the March Legal Office at 951-655-4479.




All of this week's top headlines to your email every Friday.


 
 

 
Courtesy Photo

A Century of Black Life, History, and Culture

(Final in a three-part series) Courtesy Photo Astronaut Guion “Guy” S. Bluford Jr. becomes the first African American to travel in space, as a mission specialist aboard the space shuttle Challenger. He will ultimately compl...
 
 
Courtesy Photo

A Century of Black Life, History, and Culture

(Second in a series of three) Courtesy Photo Thurgood Marshall and family Black History Month, or National African American History Month, is an annual celebration of achievements by African Americans and a time for recognizing...
 
 

President Abraham Lincoln: Feb. 12, 1809 – Apr. 14, 1865

Taken from the Presidential biographies at whitehouse.gov February 12th marks the 205th year since the birth of Abraham Lincoln, the United States’ 16th President. Although his birthday does not have a national holiday, as does President George Washington’s, Lincoln is no less important. It was on Jan. 1, 1863 that he issued the Emancipation Proclamation...
 

 

Overcoming failures: Don’t be a carrot or an egg

You will fail. The question is, how will you respond? This reminds me of a parable of the carrot, egg and coffee. A senior airman was distraught when he learned he did not make staff sergeant after his first time testing. His staff sergeant supervisor saw a teaching opportunity and the next day he filled...
 
 

McKenzie, Faley take command

The 452nd Operations Support Squadron and 452nd Aeromedical Evacuation Squadron held formal Assumption of Command ceremonies at March Field on Saturday, Dec. 13, 2014. Col. Mark Sigler, then commander of the 452nd Operations Group, passed the guidons to Lt. Col. Nick R. McKenzie, who accepted one as the new OSS commander, and to Lt. Col....
 
 
DoD photo by Casper Manlangit

Pentagon salutes Dr. King’s life, legacy

DoD photo by Casper Manlangit Deputy Defense Secretary Bob Work makes remarks during a Martin Luther King Jr. observance at the Pentagon, Jan. 15, 2015. WASHINGTON (AFNS) — Defense Department members gathered Jan. 15 at t...
 




0 Comments


Be the first to comment!


Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>


Directory powered by Business Directory Plugin