January 19, 2012

Legal issues to think about for 2012

The beginning of the year is great time to do a legal check up. Consider the following as you go into the New Year.

Monica Goyal

1.      Refresh your will – Revisiting your will, living will and power of attorney on an annual basis could save you or your family heartache down the road. Consider whether there has been any of the following changes in your life this past year: significant changes to the business, birth of a child, death in the family, a divorce, or you bought that something new that is worth bequeathing to someone.  Something you may also wasn’t to consider, if you haven’t done so already, is access to electronic assets. Having your passwords to your computer, email, photos, or Facebook account in a document that is accessible to your heirs can save lots of time for them and can be extremely valuable. For example, if there are communications that have to be addressed, bills that are only received electronically that need attending to, or photos on flickr that you want your family to have access to, you should consider including information on how to access these accounts. If you are interested in learning more on how companies will treat your electronic assets on death, take a look at the Terms of Use of Apple, Google, or Yahoo.



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