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www.SouthwestOrlandoBulletin.com x December 21, 2017 - January 3, 2018 x 7<br />

You Can’t Take It With You<br />

by: Kristen M. Jackson<br />

Often the poorest people leave their<br />

children the richest inheritance. Regardless of<br />

how much or how little, throughout one’s lifetime<br />

most people acquire some measure of prosperity.<br />

Whether it is simply family photos, an old car and<br />

a small bank account or an abundance of wealth<br />

including real estate, savings, insurance policies,<br />

and investment accounts, most everyone today dies<br />

having acquired something to leave behind to their<br />

loved ones. If you have made no plans to pass your<br />

prosperity on to your loved ones, you may burden<br />

them with needless family feuds and substantial<br />

legal and court costs to settle your estate. Realize<br />

“You Can’t Take It With You.”<br />

Although the holidays are supposed to be<br />

a time for family and celebration, for many it is<br />

a time for unexpected sadness. According to a<br />

study published in the journal of Social Science &<br />

Medicine, it found that more people are likely to<br />

die on Christmas Day and New Year’s Day than<br />

any other day of the year. Also reported by the<br />

National Center for Health Statistics, as many as<br />

18% more people die during the holiday season,<br />

Thanksgiving, Christmas and New Years, than any<br />

other time of the year.<br />

In the Charles Dickens’s classic, The<br />

Christmas Carol, the Ghost of Christmas Present<br />

told Ebenezer Scrooge that “There is never<br />

enough time to do or say all the things that we<br />

would wish. The thing is to try to do as much as<br />

you can in the time that you have. Remember<br />

Scrooge, time is short, and suddenly, you’re not<br />

here anymore.”<br />

Realizing that one, or both, of your parents<br />

is getting older and possibly needing assistance is<br />

difficult to process. Often parents are unwilling<br />

to discuss their health with you because of their<br />

embarrassment, shame, denial or even pride.<br />

There is no better time than the Holidays to open<br />

the dialogue with your parents about their health,<br />

welfare and happiness.<br />

Why are the Holidays an opportune time<br />

for discussions about family health issues and<br />

asset protection? Most people are less pressured<br />

by daily work routines, family members are able<br />

to come together, and most importantly, you, your<br />

spouse and your siblings can comfortably open a<br />

discussion over a glass of eggnog and a turkey leg<br />

or while opening gifts. Rarely, if ever, is there a<br />

first-hand opportunity throughout the year to<br />

have such discussions with your parents.<br />

So how do we make our parents feel<br />

comfortable talking about their health and asset<br />

protection? Remember, the discussion is about is<br />

your parents’ estate planning which includes their<br />

health, assets, family, loved ones, not-so-loved ones,<br />

gifts, feuds, drama and more. It is about their dayto-day<br />

living and their legacy and not simply about<br />

their demise. So start the discussion anywhere.<br />

One way to begin is to discuss those<br />

documents everyone should have during life<br />

such as a health care surrogate or a durable power<br />

of attorney. If your mother enters the hospital<br />

while unconscious, your father or another family<br />

member cannot make a medical decision for her<br />

without her having granted written authorization<br />

them to do so. If your mother is your only<br />

surviving parent, who will pay her bills while she<br />

lay unconscious? This too, requires a durable<br />

power of attorney signed by her.<br />

The Holidays are meant to be a joyous<br />

time for family and friends to share intimate and<br />

loving concerns for one another and to celebrate<br />

the coming New Year. And once you have shared<br />

eggnog, turkey, gifts, champagne and fireworks<br />

with family and friends, think about beginning<br />

the New Year by setting up a consultation with<br />

an estate planning attorney to discuss how to help<br />

safeguard your parents’ future. Remember, mom<br />

and dad, “time is short, and suddenly, you’re not<br />

here anymore and you can’t take it with you.”<br />

Legal Areas of<br />

Practice<br />

By our Team of<br />

Attorneys<br />

Administrative<br />

Advance Directives<br />

Bankruptcy<br />

Business<br />

Buy / Sell Contracts<br />

Commercial<br />

Contracts<br />

Corporation<br />

Criminal<br />

Employment<br />

Estate Planning<br />

Family Law<br />

Guardianship<br />

Litigation<br />

Last Wills<br />

Medicaid<br />

Powers Of Attorney<br />

Pre-Nuptials<br />

Probate<br />

Real Estate<br />

Special Needs<br />

Title & Closings<br />

Trusts<br />

Trademark<br />

Estate Planning<br />

Wills, Trusts, Probate, Living Wills, Powers of Attorney, Health Care Directives,<br />

Pre-Need Guardians, Trust Administration, Pet (Animal) Trusts<br />

Probate<br />

With or without a Last Will, in order to obtain assets, pay debts and taxes<br />

and distribute remaining assets to the heirs or beneficiaries, the deceased’s<br />

estate requires the assistance of an attorney to manage the court supervised<br />

administration.<br />

Corporation & Business Law<br />

Contracts, Start-ups, Purchase or Sales, Corporations (Inc.), Limited Liability<br />

Companies (LLC’s), Trademarks, Copyrights, Franchise Agreements<br />

Real Estate<br />

Closings, Title Insurance, Sales & Purchases, Leases, Contract Review,<br />

Contract Preparation<br />

(407)363-9020<br />

www.JacksonLawPA.com<br />

Offices: Orlando<br />

Credit Cards Accepted<br />

Kristen Jackson<br />

Attorney At Law

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