The short answer is, Yes. A will tells the world who you want to get your assets and who you want to take care of your children. Without a will and you are leaving the decision to the state.
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A living will is a legal document that a person drafts to make it known others what their wishes are regarding life prolonging medical treatments. It is sometimes referred to as an advance directive, health care directive, or a physician’s directive.
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The Health Care Power of Attorney document gives the person you name as your agent the power to make health care decisions for you if you cannot make the decisions for yourself. This power includes the power to make decisions about life-sustaining treatment. Unless you state otherwise, your agent will have the same authority to [...]
A power of attorney is a document that you draft to appoint a person to handle your affairs while you’re unavailable or unable to do so. The person you appoint is referred to as an Attorney-in-Fact or Agent.
A general power of attorney is very broad and provides extensive powers to the person you appoint as [...]
An estate plan with proper documents must not be neglected. If you have a family, children, or spouse then some documents such as a will is critical at the least. Evaluate your situation and determine what documents you are missing. Consult a practicing estate planning attorney for a consultation for additional information.
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The location of your estate planning documents is a very personal, private, and secure location. If you have a serious accident family or a close dependable friend should know the location and have access to you documents. Think carefully before you disclose this very important information.
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When you create a living will, power of attorney, and other important law documents who should you inform about these documents is a very important factor in your estate planning decision. Your family should know the general or specific location of these documents so they may be found if an emergency should happen.
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