Having a will allows you to designate a guardian for your minor children, to ensure that yours assets are distributed according to your wishes and to omit undesired persons from inheriting your property.
Having a will allows you to designate a guardian for your minor children, to ensure that yours assets are distributed according to your wishes and to omit undesired persons from inheriting your property.
A durable of attorney allows you to appoint the person that you wish to handle your business and financial affairs in the event you become incapacitated. Once you are deemed incompetent, you cannot execute a power of attorney. Having a power of attorney eliminates the need for your family to petition the court for guardianship if you become incapacitated.
If you have concerns regarding your medical treatment, should you become incapacitated, it is in your best interest to have an Advanced Healthcare Directive. Your Advanced Healthcare Directive can address many aspects of your medical treatment, including, but not limited to: refusing life support, organ donation, consent or refusal of certain medical procedures and the admittance to nursing home or assisted living facilities. You will also be able to designate the person that you would like to carry out your wishes regarding medical treatment.