Providing Control

Control is a necessary element in all of our lives.  We all want to maintain control over ourselves, finances and other important aspect of our lives. In fact most of us want control over every aspect of our personal situation.   

However, it has been my experience that many people do not consider what will happen to them if they lose or have to give up control due to illness, incapacity or incompetence, something likely to happen to 2/3 of us at some point in our lives. 

Taking control of the situation by planning for these eventualities through personalized estate planning documents like wills, trust, durable powers of attorney, living wills and health care directives places you back in the drivers seat if and when you begin to lose the ability to control your affairs. 

Planning gives you the opportunity to dictate the "who, what, when, where and how" of your life.  It gives you the power over your life and affairs even if you are no longer in "legal" control.  Thus you can be confident that even though you have given up some or even all control, your life and affairs will be maintained and managed according to  your wishes and not the whim of the state or courts.

Comments

[Monty Loree]

Hey Andrew,
Greetings and best wishes for 2007!

I thought I should drop by and introduce myself.
My name is Monty Loree and I've been blogging about
life insurance for a while now. Actually I started
writing about life insurance in 1999, and started
blogging about it in 2005.

I thought I would make it a little more interesting
and invite other life insurance, and related industry
bloggers to drop by and discuss things on my blog.
(Although I know people read my blog, sometimes it
feels like I'm talking to myself.)

For those bloggers who are interested, I would be
more than interested to drop by your blog and
comment on what you're writing about on a regular
basis.

This creates a little bit of community and is a
great way to share ideas amongst those people
who like to write about life insurance.

Please do drop by my blog and say hi, if you're
interested in exchanging thoughts and ideas and
comments on our blogs.

Again, best wishes for the holiday season 2007!

Monty Loree - Insurance Blogger

[Apostille]

Hi. this is a very insightful post. Like the part on planning