Posted on: 18 July 2022
An estate planning attorney will typically assist in the creation of a will that specifies who and how your assets will be distributed upon your death. Your lawyer can, however, also help you with a variety of other important aspects of your estate and your heirloom. Additionally, an estate planning attorney may help you with the following issues.
1. Prepare for Your Own Care in the Event That You Become Unable To Do So
You must have a strategy in place in case you are unable to care for yourself. A document outlining your preferences for medical care can be drafted with the help of an estate planning attorney. Such arrangements can be extremely beneficial even if you're unsure about who else is qualified to make health-related decisions in your best interest.
2. Your Wishes Regarding Organ Donation
Even if you've already decided to be an organ donor, have you told your loved ones? For those who do not, an estate planning attorney can help. It's important that the government is aware of your wishes regarding organ donation before allowing harvesting.
This information is required for the legal protection of both organ recipients and the educational institutions that house them.
3. Authority To Act on Your Behalf in Financial and Commercial Matters
Durable financial power of attorney allows you to name a representative who will manage your finances if you become unable to do so yourself. Paying bills, investing, filing taxes, and selling real estate are all examples of things you could have to deal with.
The agent named in a durable power of attorney for business interests has the authority to run your company if you become incapacitated. A will prepared by an estate planning attorney may ensure that your business will be continued after your death.
4. Minors' Guardianship Arrangements in the Event of Infirmity
Do you worry about your children's well-being in the event of your incapacitation? Your estate lawyer can help you make plans to guarantee that your loved ones' standard of living is maintained after your death. Describe how their basic needs, such as health care and education, will be provided.
5. Your Preferred Final Send-Off
Whether you want a lavish goodbye or a more low-key farewell, you may tailor the details to suit your needs. The coffin's color may be specified in the instructions. This kind of arrangement alleviates the pain of those you care about the most in your life.
It's impossible to predict what could happen in the future, but you can take steps to ensure that your loved ones aren't burdened by your absence. A good attorney can help you in reaching these arrangements. Seek advice from an estate planning attorney to determine your long-term goals.Share