Estate Planning Lawyers
Estate planning is important for every adult, no matter how young or healthy, and even if you do not have money or property. It is something you do for your loved ones and for your own benefit.
Estate planning lets you designate what happens to your assets and property if you die, as well as who will take care of your children and how if you die or become incapacitated.
Just as important, it is your chance to choose who will make medical your decisions and take care of your finances if you are incapacitated and to express your specific wishes regarding your health care so that your loved ones do not have to make those choices for you.
An estate planning law firm can help you choose all of the tools you need to cover all of your bases, as well as properly drafting documents that will be legally binding.
Who Needs Estate Planning?
Too many people are under the dangerous misconception that they do not need estate planning because they are not old, dying, or wealthy. In truth, everybody can benefit from some aspect of estate planning.
For instance, everyone needs a living will, also known as a medical directive, health care proxy, or advanced health care directive. An accident or unexpected health event can strike at any time in your life, even if you are young and healthy. A living will lays out your wishes for your medical care when you cannot speak for yourself. Not only does it ensure that your wishes will be honored, it takes the pressure off of loved ones who would otherwise have to make those choices for you.
If you have children, you need to designate a guardian in the event that you should become incapacitated or die. Just telling people what you want is not good enough. You need to make it legal so that you have the peace of mind of knowing that your children will be in good hands if something should happen to you.