Attorney-CPA Joe Cordell and co-host Jill Enders discuss the importance of having a disaster recovery plan in place in the event of a sudden emergency.

Many people do a great job of planning for a gradual loss of health, but often overlooked is having a plan for an unexpected catastrophic event that leaves you incapacitated such as a heart attack or car accident. Mr. Cordell and Ms. Enders review key concerns such as what is needed to grant legal authority to whoever you want making important decisions swiftly and honestly; how to grant access to critical online information such as website passwords; how to handle potential banking and brokerage issues; making sure debts and recurring expenses are paid appropriately; important information to organize regarding other significant assets such as real estate, savings accounts, annuities and cash value life insurance; and more.

If you have any questions about estate planning or elder law, get in touch with an attorney at TuckerAllen.