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Powers of Attorney and Health Care Documents
Powers of Attorney and Health Care Documents
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Estate planning not only includes the disposition of property at your death, but it also includes the process of anticipating and arranging the management of your property and person during your life if you become incapacitated. This may occur if you are no longer able to manage your affairs close to death, or it could involve a situation where you are in an accident that renders you unconscious. If you do not plan for this situation and you become incapacitated, a court appointed guardian may become necessary which can be time consuming and costly.
Powers of Attorney allow you to choose an attorney-in-fact and successor attorneys-in-fact to help make financial decisions on your behalf should you become incapacitated.
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An Advanced Health Care Directive allows you to state your medical wishes should you become incapacitated as well as to designate health care agents and successor health care agents to make health care decisions for you in the event you are unable to do so yourself.
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A Living Will is a legal document that states whether you want to be placed on any artificial life-sustaining devices to prolong your life if you are in terminal condition, end-stage condition or persistent vegetative state. In other words, if there is no reasonable probability you will recover, you can provide that you do not wish to be kept alive artificially.
These documents, among others, are critical to ensure your estate is in order during your lifetime.
Guerra TWP can help customize an estate plan that meets your specific needs and is valid under the law of the state in which you reside.