If you have ever had an emergency healthcare situation, you know how scary it can be to feel forced into making a medical decision in a hurry. You might feel as though you do not have all the information you need. Or maybe you wish you had more time to choose, or at least agree with, your plan of action.
Now is the time to have tough conversations with your loved ones
Thanks, but no thanks
Many people will mourn the loss of a loved one, but they often will take solace if the decedent bequests or gifts money or assets to them. Sometimes, however, these thoughtful gestures are actually more trouble for the prospective beneficiary than if they had never received them. In these circumstances, renunciation of the gift may be the smart course of action. This can be done for any reason but is often done for tax purposes.
