We would all like to think that we would live forever. Or perhaps, if you do not prepare a last will or any estate planning documents you will never die. Unfortunately life does not work that way and one thing we are all guaranteed in this life is that eventually the inevitable will happen.
Probably the one thing that you can do to keep your family ties together after you are gone is to prepare a Last Will and Testament and to the extent necessary, any other estate planning documents. These would include a durable power of attorney and a health care surrogate. In cases of large estates with minor children, a trust is recommended.
Facing our own mortality is not an easy thing. Unfortunately life gives us no guarantees. In our practice we have found that it does give people peace of mind to do the necessary amount of estate planning, and knowing that their death will not destroy their family.
Everyone should have some kind of estate planning in place for when the inevitable happens. It does not matter how much property you own or what your net worth is, preparing a Will or preparing a trust will take care of your loved ones when the time comes.
The Healthcare Surrogate will give someone the power to make healthcare decisions for you in the event that you are incapacitated and unable to do so. A power of attorney will allow someone to handle your personal, financial and if necessary business matters if you are ever in a position where you cannot make those decisions yourself for whatever reason.
Losing a loved one is probably the most devastating thing that can happen in a lifetime. This stressful and emotional time is only made worse when no plans have been made for how you want your possessions distributed or how you want final preparations made. Ensure that everything goes as you wish, and that your loved ones are not burdened with guessing what you would have wanted.
Regardless of the size of your estate, our firm can help you prepare for the inevitable and give you one less thing to worry about. Let the most important thing that you leave your loved ones be a Last Will and Testament.
