WILLS, POWER OF ATTORNEY AND MEDICAL DIRECTIVES
Everyone needs a Last Will and Testament and everyone should review this document every five years. I provide clients with simple tools to help guide them to make decisions about how to dispose of their real and personal property, the rights heir who survive them and how to plan financially for events that occur in everyday life and at the end of life.
The following tools help clients meet their unique financial goals, including, but not limited to:
- Wills, sometimes called a Last Will and Testament, transfer property you hold in your name to the person(s) and/or organization(s) you want to receive it. A Will also typically names someone you select to be your Personal Representative (Executor) to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate. Assets or property passing under a Will must go through Probate.
- Durable Powers of Attorney for Healthcare appoints a person you designate to make decisions regarding your health care treatment in the event that you are unable to provide informed consent.
- Living Will is an Advanced Directive which gives doctors and hospitals your instructions regarding the nature and extent of the care you want should you suffer a terminal, incurable condition or persistent vegetative state.
- Probate/Estate Administration services provide legal guidance after a family member has passed away. When probate is contested, we can handle the resulting litigation as well. We will make sure that your rights are represented in probate court to the maximum extent.
- A Durable Power of Attorney for property and financial matters, appoint a person that you designate to act for you and handle financial matters should you be unable or perhaps unavailable to do so.
- Family Limited Partnerships are typically used for those who have large estates and thus have a need for specialized estate planning in order to minimize taxes as well as provide asset protection.