Business
This is the first of a two-part series on estate planning. Attorney Heather Parker joins Shanna Tingom to talk about the two areas of estate planning - money and medical.Medical:HIPAA Release - who can be given information about your condition?Medical Power Of Attorney - who can make medical decisions for you?End of Life Documents - what are your final wishes in terms of treatment?Heather explains that not having these documents in place can have dire consequences, and she gives some real world examples. These conversations can be difficult to have, but they are vitally important. She also explains how to give the right people access to these documents.On the money side, Heather breaks down the differences between a will and a trust. People often have misperceptions about what a will accomplishes. For many situations, a trust is required. And it's not as hard to set up as you might think. And a trust can provide for many circumstances that a will cannot. We'll explore this in more detail in part 2.Resources:The Parker Law Office: https://www.parkerlawaz.com/Heather Parker's Office Number: 480-264-5177Heritage Financial Strategies: https://heritagefinancialaz.com/