End of life arrangements are not the most exciting things to have to figure out, but for people that have families that they leave behind or for people that have any sort of assets, making plans for the provision of their families or their assets should be done. That’s why it’s important to speak with Estate Planning lawyer in Silverdale WA to discuss all the nuances of creating a will, doing a complete estate plan and making provisions for a living will and power of attorney.
Power of Attorney
When people think about estate planning or creating a will, much of this thought goes to what happens after a person dies. However, a great deal of proper estate planning may have a lot to do with what happens if a person is still alive but physically or mentally (or both) incapable of handling their own affairs.
Things such as living wills and power of attorney should be taken care of well before the person passes away. Should an individual become injured or get sick physically or mentally to the point to where they cannot handle the routine affairs of their lives, it will be important to have an individual named in a power of attorney document that can make decisions for them. The assigned person will be able to pay bills, manage finances and make decisions on behalf of the person they are representing. Often times, this is a spouse, sibling or child, but it must be delineated in the right documentation.
The Benefits of Being Prepared
Not doing this ahead of time can throw a person’s estate into complete disarray. However, by taking a bit of time and consulting with Estate Planning lawyer in Silverdale WA, all arrangements can be made ahead of time so that if something like this were to happen, plans would be in place to take care of an estate.
Whether it’s creating a last will and testament, creating a trust to avoid probate, planning power of attorney documentation or a living will, the help of an attorney is essential.