ESTATE PLANNING GUIDE FLIPBOOK JUNE 9 - Flipbook - Page 27
BRADLEY LAW FIRM, PLLC
PLANNING CONCERNS & ANXIETIES (WIFE’S CONTINUED)
Level of Concern (if any)
None Low
Medium
High
12. Spousal Control of My Assets if I Pass First. I would like to know that if I
were to die first, my assets are available to my husband but that upon my
husband’s death, my assets pass to our children or other beneficiaries. I would
not, for example, want my assets to pass to my husband’s next wife or to any
other individual who might influence my husband. .............................................
13. Family Disputes. I am concerned about my beneficiaries commencing lawsuits
against each other because they feel that they’ve received less than they
should have received. ...........................................................................................
14. Hard-to-Divide Assets. My assets are comprised significantly of one or more
assets that are not easily divisible (such as an operating business) and I’m
concerned that disputes will arise relating to how the assets might be divided....
17. Guardianship. I’m concerned that if I were to become disabled, I would need
a guardianship so that someone would have the legal ability to make healthcare
and financial decisions for me ..............................................................................
18. HIPAA. My current planning does not reflect the HIPAA privacy rules and I’m
concerned that if something happened to me, health care personnel might not
disclose information about me to my loved ones .................................................
19. Disability of Single, Adult Children. I’m concerned that if a single, adult child
of mine became disabled, that I would not have the legal ability to make
decisions for my child or be informed about my child’s health situation due to
HIPAA privacy rules ............................................................................................
15. Values & Virtues. I’m concerned that the inheritance I leave to my beneficiaries
might prevent them from being productive citizens and would like to take the
necessary steps to prevent that from happening. ..................................................
16. Planning for Parents. I’m concerned that my parents or my husband’s parents
will need financial assistance if we were to die prematurely ...............................
Disability Concerns
Creditor Concerns
20. Frivolous Lawsuits. I’m concerned about my assets being taken through
frivolous lawsuits..................................................................................................
21. Nursing Home. I’m concerned about my assets being lost to the nursing
home .....................................................................................................................
22. Creditors of Jointly Owned Property. I have property owned as joint tenants
with someone other than my husband and I’m concerned that a creditor of that
other person could take the entire property ..........................................................
Post-Death Concerns
23. Probate. I’m concerned about the unnecessary delays and costs that my
estate will incur if my assets pass via a probate proceeding.................................
24. Fire Sale. I’m concerned about my assets having to be sold in a “fire sale”
to pay estate taxes or to pay debts that I owe .......................................................
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Risk Assessment Ver. 2015