Originally posted on 02/08/2017
Making end-of-life plans usually end with a will, but they shouldn't.
Some believe that simply having a will is enough. However, this post will briefly explain how having other estate planning documents in addition to a will can help in making things easier when it comes to transferring money, assets, and property. Keep reading to learn more about your estate planning options.
A Durable Power of Attorney
This document enables someone you trust to make financial and legal decisions on your behalf in the event you are incapacitated. Indeed, things are different when you pass away; but before that, it is helpful to have a power of attorney to ensure that your affairs are properly handled.
A Healthcare Directive
While a power of attorney applies to legal and financial decisions, a health care directive allows someone you trust to make health care decisions on your behalf. A health care directive is critical when you have family members who may have decision-making power, but do not know how to communicate effectively.
Partner with an Experienced Estate Planning Attorney Who Knows What Your Will Needs
So as you embrace a new way of living to lose weight, you should not lose sight of ways to ensure that your estate is secure. Bring your estate planning questions to an experienced attorney.