Your last will and testament is a key component of estate planning. It determines how your property is distributed after you die. However, after the assets detailed in your will have gone through probate and are distributed, what happens to those assets that don’t go through probate? Estate planning covers everything from the probate process to providing clear instructions on what to do in special circumstances. Learn how these together are indications that you need more than a will for estate planning.
Tag: Health Care Proxy
While estate planning has no age attached to it – whether you are 21 or 65 – having an estate plan will only benefit you in the future. An estate plan will outline and see that your wishes are followed through when you’re not here to make he decisions such as your health, care for your children, and the distribution of your assets. Speaking with a professional estate planning attorney will help ease the stress and help answer questions you will have.
As you or a loved one gets older, you realize how expensive health care can really be. It gets to be a handful with all the different forms to fill out and people that you need to speak on your behalf when it comes to medical decisions. Taking the time to meet with an elder law attorney to go over your health care proxy form and the questions you have will help ease the process.