• Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • (843) 815-8580
  • hunter@montgomeryestateplanning.com
  • 10 Pinckney Colony Road, Suite #402 Bluffton, SC 29910

Montgomery Law Firm, LLC

Your Trusted Estate Attorney in Bluffton, SC

  • Home
  • Our Firm
    • About Our Firm
    • Attorney Profile
  • Services
    • Asset Protection & Business Planning
    • Elder Law & Medicaid Services
    • Estate & Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • Incapacity Planning
    • IRA & Retirement Planning
    • Legacy Planning
    • Pet Planning
    • Special Needs Planning
    • Trust Administration & Probate
  • Elder Law
    • Are You A Caregiver?
    • Coping With Alzheimer’s
    • Emergency Medicaid & Nursing Home Planning
    • Hospice Care
    • Medicaid Planning
  • Resources
    • Blog
    • DocuBank
    • Elder Law Reports
    • Estate Planning Resources
      • Definitions
      • Estate Planning & Related Forms
      • Estate Planning Checkup
      • Estate Planning Reports
      • Incapacity Planning Definitions
      • Is Your Estate Plan Outdated?
      • Top 10 Estate & Legacy Planning Techniques
    • Frequently Asked Questions
      • Estate Planning
      • Incapacity Planning
      • Irrevocable Trust
      • Legacy Wealth Planning
      • Trust Administration & Probate
    • Pre-Consultation Form
    • Special Needs Resources
    • Trust Administration & Probate Resources
      • Bereavement Resources
      • How to Know if You Need Extra Help With Your Grieving
      • Loss of a Loved One
      • The Mourner’s Bill of Rights
      • Things You Need To Do When a Loved One Passes Away With a Trust
      • Things You Need To Do When a Loved One Passes Away With a Will
      • Trust Administration & Probate Definitions
  • Webinars
  • Seminars
  • Reviews
    • Review Us
    • Our Reviews
  • Contact Us
  • Search
Home / Estate Planning / These Three Estate Plan Details Are Easy to Overlook

These Three Estate Plan Details Are Easy to Overlook

June 11, 2022 by Hunter Montgomery

estate planEveryone knows that you have to draw up a will or a trust to facilitate asset transfers after you are gone. This being stated, there are some finer details that should be attended to when you are devising your estate plan, and we are going to look at three of them in this post.

Advance Directives for Health Care

A proper estate plan will go beyond the monetary part of the equation. In addition to the events that will take place after your passing, you should also address end-of-life issues.

This is not a very pleasant subject, but many people become unable to communicate medical decisions toward the end of their lives. To account for this eventuality, your estate plan should include documents called advance directives for health care.

You can state your life-support preferences in a living will, and you can address each respective life-support technique individually if you choose to do so. The document can include your organ and tissue choices and your comfort care medication preferences.

Situations can arise that have nothing to do with the utilization of life-support methods. To account for this, your plan should include a durable power of attorney for health care. The agent that you name in the document would be empowered to act as your representative for medical decision-making.

Doctors are not allowed to share medical information with anyone other than the patient because of a provision contained within the Health Insurance Portability and Accountability Act (HIPAA). A HIPAA release should be added to give your health care agent the ability to speak freely with your doctors.

Letter of Final Instructions

Someone has to complete the hands-on tasks that will bring your wishes to fruition after you pass away. This would be the trustee if you have a trust, and an executor would act as the administrator if you were to utilize a simple will to facilitate asset transfers.

There is certain hand-to-mouth information that will be needed by the administrator, and you can provide it in a letter of final instructions.

The letter should list the individuals that should know about your passing. These would include personal contacts along with professionals that will play a role in the administration process.

You have to pass along the location of relevant documents, and you should share the login information for accounts that you manage online. If you have blogs, websites, and/or social media accounts, you should let the administrator know how you want them to be handled.

Some people make final arrangements in advance, and if you have done this, you should provide all the necessary information in the letter. These are some things to think about, but you simply apply common sense when you construct the letter.

Beneficiary and Successor Beneficiary Designations

You name beneficiaries when you fill out payable on death account paperwork and forms that are associated with life insurance policies and individual retirement accounts. Over the years, your wishes can change, so you should always make sure that these designations are up to date.

Plus, a lot of people fail to designate successor beneficiaries when they fill out these forms. If you have not already done so, you should designate successors to make sure that all bases are covered.

Attend a Free Webinar!

We do everything we can to provide educational opportunities, because we sincerely want people to take the right steps to preserve their legacies. There is a lot of material on this website you can access, and we also offer webinars on an ongoing basis.

You can learn a lot if you join us for one of these sessions, and it could not be any more convenient. To see the dates, head over to our webinar page and follow the simple instructions to register for the session that fits into your schedule.

Need Help Now?

If you have already learned enough to know that you are ready to work with a Hilton Head, SC attorney to put an estate plan in place, you can set the wheels in motion right now. We can be reached by phone at 843-815-8580, and you can fill out our contact form if you would like to send us a message.

 

 

  • Author
  • Recent Posts
Hunter Montgomery
Hunter Montgomery
Hunter Montgomery is the owner/managing attorney of the Montgomery Law Firm, LLC.He has been practicing estate planning law fsince 2002. Hunter is a member of the American Academy of Estate Planning Attorneys.

Hunter is a member of the South Carolina Bar Association, the Beaufort County Bar Association, and has served on charitable and advisory boards in the Bluffton/Hilton Head area.

Hunter graduated from Hilton Head High School. He then earned his Bachelor of Science Degree in Economics from Clemson University, in Clemson, South Carolina.

Hunter graduated Cum Laude from Regent University School of Law in Virginia Beach, Virginia, having earned a Juris Doctor Degree. He also wrote his doctorial thesis on Estate Planning Dynasty Trusts.

Hunter has called Beaufort County home for since 1984, where he lives with his wife and two children.In his spare time he dabbles in automobiles, reading history, hunting and fishing.
Hunter Montgomery
Latest posts by Hunter Montgomery (see all)
  • Sandwich Generation Juggles Responsibilities - February 27, 2023
  • How Can You Minimize Estate Tax Liability? - February 20, 2023
  • Elder Law Attorneys: Who Are They and What Do They Do? - February 15, 2023

About Hunter Montgomery

Hunter Montgomery is the owner/managing attorney of the Montgomery Law Firm, LLC. He has been practicing estate planning law fsince 2002. Hunter is a member of the American Academy of Estate Planning Attorneys.

Hunter is a member of the South Carolina Bar Association, the Beaufort County Bar Association, and has served on charitable and advisory boards in the Bluffton/Hilton Head area.

Hunter graduated from Hilton Head High School. He then earned his Bachelor of Science Degree in Economics from Clemson University, in Clemson, South Carolina.

Hunter graduated Cum Laude from Regent University School of Law in Virginia Beach, Virginia, having earned a Juris Doctor Degree. He also wrote his doctorial thesis on Estate Planning Dynasty Trusts.

Hunter has called Beaufort County home for since 1984, where he lives with his wife and two children. In his spare time he dabbles in automobiles, reading history, hunting and fishing.

Blog Subscription

Sign up for our blog to receive the latest estate planning news and updates.

Map

Map

Business Hours

Monday9:00 AM - 5:00 PM
Tuesday9:00 AM - 5:00 PM
Wednesday9:00 AM - 5:00 PM
Thursday9:00 AM - 5:00 PM
Friday9:00 AM - 5:00 PM
Montgomery Law Firm, LLC

Montgomery Law Firm, LLC. helps you define what's important.

Montgomery Law Firm, LLC

Contact Info

10 Pinckney Colony Road
Suite #402
Bluffton, SC 29910

Toll Free: (843) 815-8580
Mon-Fri: 9:00am – 5:00pm

Quick Links

  • Our Firm
  • Reviews
  • Privacy Policy
  • Disclaimer
  • Irrevocable Trust FAQs

Webinars Sign up

© 2023 American Academy of Estate Planning Attorneys, Inc All rights reserved.