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What is a will?

Video Transcription: A will is a written document, also referred to as the last will and testament, in which an individual sets forth how they want their property distributed at their death. It has to be signed with certain formalities in accordance with law of the...

Who may act as an agent under a power of attorney?

Video Transcription: You can appoint anyone to be an agent under your power of attorney. However, you should keep in mind that this individual will basically have unfettered access to your financial resources. The person you choose should be someone you trust, someone...

What is hospice?

Video Transcription: Hospice is the holistic treatment for individuals who are no longer the benefit of curative treatment. Hospice focuses on palliative care and quality of life, not quantity. It provides a holistic approach including treating your physical care as...

What is intestate?

Video Transcription: Intestate refers to the status of an individual who dies without a will. When you die intestate you die without a written last will and testament. In every state there are intestate laws that pass your property to your family based on their...

What is long-term care insurance?

Video Transcription: Long-term care insurance is the insurance that one purchases to cover the costs of their long-term care. Long-term care is different from standard medical care in that medical care covers doctors and physicians caring for you on a regular basis....

What is Medicare?

Video Transcription: Medicare is the health insurance program for individuals aged 65 years or older or those who have been determined disabled by the Social Security Administration. You are eligible for Medicare if you or your spouse have worked the requisite number...