About Me

Safety, Products and Liability: A Legal Blog

Welcome to my blog. This blog is dedicated to helping anyone who is currently in the midst of a liability issue. A few years ago, my daughter contracted listeria due to poorly packaged food. She, thankfully, was okay, but we still took her case to court. I want all families who have been affected by liability issues to understand their rights, so I decided to start this blog. My beautiful daughter is now 17 and preparing to start uni next year. I have three younger children as well and an amazing husband. Thank you for reading my blog. Please share my posts if they help you!

Latest Posts



Safety, Products and Liability: A Legal Blog

Features of an estate plan

by Liesanne Martin

An estate plan is a collection of legal paperwork containing specific instructions regarding your wishes in the event that you become disabled or die. It provides peace of mind, certainty, and a perfect action plan for your dependents to follow. Here are four vital things that should feature in your estate plan.

A healthcare directive

A healthcare directive is a legal document that specifies who should make your health decisions and look after you in the event that you become seriously ill or disabled. Only the person specified in the legal document can make those important health decisions for you. For people who lack a healthcare directive, the court often decides who can look after them, creating the possibility that it may not be an individual whom you trust or prefer.

Life insurance

A life insurance policy is another important feature in an estate plan. Good life insurance coverage will help your family to have sufficient financial resources to offset bills and go on with life after your death. You don't want your family to struggle to make ends meet upon your demise.

Durable power of attorney

This is a document that specifies who should handle or manage your finances and assets when you become disabled so that your dependent's economic needs may be well taken care of. The good thing with both a durable power of attorney and a health care directive is that you can appoint whomever you trust to manage your health and finances during your disability. The person you appoint can be your partner, your child, your workmate, or an expert such as an estate planning attorney.

Living trust

A trust is akin to a safe. It allows you to store all your valuable belongings, including your finances, your home, your stock portfolio, and your collectibles, among other things that you own. A living trust also contains specific instructions regarding whom you want to inherit your possessions when you die. While you're alive and psychologically stable, you can either withdraw or deposit things out of or into your trust. However, when you're rendered disabled or when you die, the control of your trust is passed on to whoever you chose to handle your affairs. That individual is referred to as a trustee. It is the responsibility of your trustee to adhere to the instructions specified in your trust and to allocate your trust possessions as you desire. For instance, you may wish to give a significant chunk of your finances and company to your spouse, your stock portfolio to your kids, your collectibles to your pal, and some of your finances to a charity home.

In conclusion, put an estate plan in place with the help of an attorney to prevent future stresses and costs to your family.