Estate planning is more than just writing a will. Estate planning is a personal plan for your life if you are unable to make decisions for yourself due to illness (Alzheimer’s disease), injury (Coma) or death. It involves financial, tax, medical and business decisions.
Answer the following questions.
- _____________ will manage my assets if I am unable due to a life threaten illness/injury, Alzheimer’s disease or after my death.
- ______________ will be responsible for raising my children if I am unable due to a life threatening illness/injury, Alzheimer’s disease or after my death?
- _______________ will know what to do with my remains after I die. He/she knows where I want to be buried, scattered or otherwise.
- ________________ will receive all of my assets.
These questions only scratch the surface of items to be addressed during estate planning.
Sample of estate planning documents
- Wills
- Revocable Living Trusts
- Financial Durable Powers of Attorney
- Advance Health Care Directives/Health Care Powers of Attorney
- HIPAA Authorizations
It is important to seek advice from an estate planning professional. Cost varies depending on the complexity of your situation.
Please give us a call at 1-888-294-1488 if you need a referral to trusted estate attorneys.