RL039 - Retirement Lifestyle: What You Must Know Before Building Your Incapacity Plan With Alfred Lee

A power of attorney is an important cornerstone of incapacity planning.  This legal document can enable someone to provide healthcare or financial decisions on your behalf and much more.  A well organized estate plan that is up-to-date can elevate the emotional stress that unexpected emergencies bring.  We discuss this and more with our guest Alfred Lee.

Alfred Lee obtained his law degree from the University of Notre Dame and is currently an Estate Attorney for Pluymert, MacDonald, Hargrove & Lee, Ltd.  Al concentrates his practice in the areas of estate planning, administration and asset protection/bankruptcy  Alfred can be reached at alee@lawpmh.com

[01:59] Erik’s Personal Experience with Incapacity Planning

[05:22] Creating an Effective Incapacity Plan

[09:16] Financial Documents for Incapacity Planning

[14:57] Common Problems with Financial Documents

[25:13] Medical Documents for Incapacity Planning

[38:54] Appointing Your Agent/s for Healthcare Power of Attorney

[43:17] Agents’ Compliance to Healthcare Power of Attorney

[47:23] Updating Your Incapacity Plan

To read the Full Show Notes scroll down or click here.

  • Roshan Loungani can be reached at roshan.loungani@aretewealth.com or at 202-536-4468.
  • Erik Olson can be reached at erik.olson@aretewealth.com or 815-940-4652.
  • Adrian Nicholson can be reached at adrian.nicholson@aretewealth.com or at 703-915-8905

 

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Disclaimer Welcome, you are now listening to the retirement lifestyle show with Roshan Loungani Erik Olson and Adrian Nicholson. This show is an exploration of ideas to help you work towards your ideal retirement. Roshan Loungani and Erik Olson serve clients across the US. They offer financial planning and investment advice through Arete Wealth Advisors, LLC, an SEC registered investment advisor and securities through Arete Wealth Management LLC, member FINRA, SIPC, and NFA. Get ready for the financial independence of your dreams. All opinions expressed by podcast hosts and guests are solely their own are based on information they believe is reliable. Neither Arete Wealth nor its affiliates, warrants its completeness or accuracy, nor do their opinions reflect the opinion of Arete Wealth. This podcast is for general informational purposes only and should not be regarded as specific advice or recommendations for any individual. Before making any decisions consult a professional. Finally, our music is the chance by Jason Shaw and Audionautix. It’s part of the YouTube Audio Library and it’s licensed under a Creative Commons license.

Thank you for listening.

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