Make sure your voice is always heard. Don’t wait until it is too late to plan for your families’ future. Wills are there to protect your estate and to help insure your property is distributed pursuant to your wishes.
A common misconception about estate planning is that by having a will you will avoid probate; this is false. Regardless of what you think you know, you should meet with an attorney to discuss why there is an important need for a will. Depending on your situation, you may discover it could be more helpful to pair your will with a trust.
When a child turns 18 their parents no longer have the right to make medical or financial decisions for the child. If your child wants you to continue to help make decisions on their behalf, then your young adult needs to have their estate planning completed.
A medical power of attorney will allow a person or persons you trust to make medical decisions when you are not capable of making them.
A statutory durable power of attorney will allow another person or persons you trust to make financial decisions on your behalf.
Don’t be unprepared when an accident happens. Speak with an attorney now to make sure all your estate planning documents are prepared.