07/01/26 - Healthcare Documents pt.1

Well, hey, we are talking, as usual, about estate planning, but a specific subject that I think we touched on in several shows, but you want to get back into it today, and that's health care documents and how important it is to have end-of-life and some of these things planned out and figured out before those things happen in our life.

Yeah, and that's the biggest deal, which is if we don't have proper estate planning.

So that's wills, trusts, powers of attorney for financial, health, end-of-life documents.

Then the emergency hits, and that's when people scramble.

Even very recently, a client of mine, the emergency hit.

They're in the hospital, and I must have fielded – five or six phone calls from the family.

And it's just this chaotic moment in time of, I need this, or where is that? Can you help me find this? So not only did they have the luxury of calling the law office and being able for us to have all the documents and having a trusted relationship in the background.

So if you don't have a relationship, an ongoing relationship with an attorney, Those emergencies become very unsettling.

And then it's just left to the people that are in front of you.

But with a better relationship, with a long-term relationship, then you at least have the confidence to call and know who to call.

The family knows who to call.

So that's another great part of the story is that the family knew who to call when the incident happened.

And then I can be a voice of direction and a voice of confidence instead of – If we don't have something and the emergency happens – and this happens to – we get this phone call from the public, which is we're in this emergency and it's just like I'm sorry.

The public in

general, you have no

relationship? Well, right.

Yeah, sure.

Yeah.

Such as listeners of this radio station who haven't yet called and actually taken the moment and time to do their estate plan.

Yeah,

that's right.

And again, with the statistics on this, only 50% of Americans have any kind of estate planning, will or trust.

But more than 70% of Americans don't have health care or end-of-life documents.

Even a higher percentage.

So somehow people think, oh, if I just get a will and prepare that I'm dying, they forget one of the more important times, which is, gosh, I could actually have a health incident.