MDNews - San Antonio

September 2017

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Klarisana.com Ketamine Depression PTSD Chronic Pain Private Rooms One-to-one monitoring Over 1100 infusions performed 3. If you are unmarried with no children: a. All of your property will be divided between your mother and father, if living; b. If only one is living, then 1/2 to the living parent and 1/2 split among siblings; c. If only on parent is living and you have no siblings, all will go to the parent; and d. If neither parent is living, then all is split among your siblings. Even if one of these scenarios is the way you would want your property to be handled, it is typically easier to have a will so that your beneficiaries are not required to go through the "intestate process." This process can be arduous and expensive and requires the court to be closely involved. A simple will can bypass those di-culties. "Estate planning" encompasses many di•erent documents. As a medical student, you may have only needed a medical power of attorney so that your mom or dad could make a decision concerning your health if you were ever unable to do so yourself. As a married intern, you may need to add a will, durable power of attorney and a "do not resuscitate" order. If you start your own business, you will need protection from liability and will want to select the correct business form. As you become more successful, your net worth might be getting close to the inheritance tax limits and it might be time to think about a family trust. And ultimately, there might come a time where you need to form a foundation to aid in distributing your wealth to worthy causes, other than your children. It is often di-cult to think about planning for a future that you might not be a part of, but your family will thank you for your forethought. Leaving a mess for your children to clean up is not the best answer. So, please, talk to an attorney to see what type of plan would be the best way to protect you and your family … And someone, please, show this article to my mother! Fo r m o r e i n f o r m a t i o n , v i s i t t e s s m e rl a w f i r m . c o m o r call 210-368-9708. ■ M D N E W S .C O M /// M D N E W S S A N A N T O N I O ■ 2 017 1 1

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