Were your legal documents destroyed or lost in Superstorm Sandy? Do you know an elderly or disabled person who was displaced as a result of the storm? How long has it been since you reviewed your assets and your beneficiary designations?
Now is the time to search for and review those documents. Your current estate plan should be reviewed and revised, if necessary, in light of the amendments to the tax laws and Medicaid regulations. If you cannot locate your Will, health care proxy, or power of attorney, these important documents should be revised and executed immediately.