Take care of your loved ones and put some certainty into the process. You really need to ensure that you have a proper will in place sooner rather than later. In order to accomplish this you will need to answer two preliminary questions:
Who do you want to be in charge of the administration of your estate when you are gone?
How do you want your net estate to be distributed?
There are also many questions that will arise from each individual person’s situation and the nature of his or her assets. Let us help you review the issues and plan the will that will give effect to your real considered intentions.
Even if your estate is more complex, we can also assist with a detailed comprehensive estate plan.
POWER OF ATTORNEY FOR PROPERTY
As your will only has effect from the moment of your death, you will also likely need to have a Power of Attorney for Property. This could save thousands of dollars in unnecessary legal fees. The average person, while still living, will need to have the assistance of another trusted person to assist him or her with the management of his or her money, and other assets and liabilities. This is what is provided by a Power of Attorney for Property.
POWER OF ATTORNEY FOR PERSONAL CARE
As long as you are able, you will still make the decisions about your own personal care. When that is no longer possible, however, you should have one or more persons named with your Power of Attorney for Personal Care who would be available to assist you as and when you no longer can make reliable decisions for your own care. You need to arrange for that as soon as you can.
We can walk you through all of these issues. Call John Hicks Law Office today.