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Showing posts from November, 2020

Planning for the Unexpected

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 Planning for the Unexpected By Melinda Gustafson Gervasi November 2020 Earlier this week I was reading my Google News Feed when an article caught my attention.  My heart broke reading every word of a story about a young mother who died due to complications from a pregnancy.  She left behind a large family with very young children who now relied solely on their father for support.  One sentence jumped out for me, causing my head to tilt to one side -- a habit I have when I come across a piece of information that seems "off".  The sentenced went something like this -- "because her death was unexpected there was no life insurance in place." I believe the true take-away from the story of this mother who died far too young is that we all need to plan for the unexpected.  That belief is the cornerstone of my estate planning practice.  Life happens, it twists, turns, and bucks like a rodeo horse.  Creating an estate plan (a will, powers of attorney, etc...

Poetry in Estate Planning: Exploring control

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  Control: An Acrostic Poem By Melinda Gustafson Gervasi November 5, 2020 Not only are my children expanding their knowledge though the Madison Metropolitan School District's virtual learning this year, their daily recounts of classroom activities sparks many a memory for me.  Most recently the topic was poetry, specifically 5th graders studying Acrostic Poetry .  This writing style takes a word, such as November, and uses each letter to describe November.  My elementary school days ended in the early 1980s, however, my creative spirit survived my legal education.  Here is my attempt at an acrostic poem, for CONTROL, a concept at the heart of estate planning.  C reate documents that take effect O n your death N o uncertainties left T ake no chances R ecord your wishes O utlined on paper in a L egally binding manner Death and taxes are two certainties of our lives.  Why take chances when you can take control.  Estate planning may be a fancy soundin...