You Can’t Afford to Ignore the Basics of Estate Planning

Monday, September 26th, 2011

What does your tattoo say?

Eighty-one-year-old Joy Tomkins of Great Britain recently had the words “Do Not Resuscitate” tattooed on her chest to advise doctors of her wish to not be revived in the event of a grave medical emergency. Additionally, she had “P.T.O” (Please Turn Over) and an arrow tattooed on her back in case paramedics should find her face down.

Britain’s General Medical Council says most doctors would ignore Tomkins’ “Do Not Resuscitate” tattoo. Instead, a spokesman said that individuals need to put their DNR wishes in writing and have them witnessed, or appoint a health attorney.

Whether you find this story amusing or not, Joy Tompkins’ “plan” is more robust than that of 50 percent of Americans. (more…)

Your Best FLOP: Creating Your Own ‘Financial Life on One Page’

Friday, January 8th, 2010

When I was a teen, my uncle suddenly and unexpectedly passed away. He had meticulously taken care of the finances for his family and left my aunt with a solid financial foundation. This didn’t take away the pain of his being gone, but his preparation eliminated additional stress in my aunt’s time of grieving. Today, she is still reaping from what my uncle sowed by having his finances in order. (more…)