How others will carry out your wishes upon your death is not the most enjoyable discussion for anyone. However, it’s smart planning to establish the right protections and legally appoint someone to communicate your goals if and when you’re unable to do so.
The documents that best suit you will vary depending on your individual situation. Below are some of the most common documents we suggest our clients consider:
- Will: Outlines how your assets will be divided when you’re gone
- Financial general power of attorney: Names a person to make financial decisions on your behalf if you become incapacitated
- Health care power of attorney / living will: Communicates your desire for the treatment of serious medical problems if you cannot speak for yourself
- Revocable living trust: Includes the plan for your assets upon your death and allows your successor trustee to manage the assets if you are incapacitated
- Irrevocable trust: An option if your estate will be subject to federal estate tax
- Affidavit as to designation of agent for body disposition: Specifies an agent to have the sole right to determine what will happen to your body after your death
- HIPAA authorization: Allows your health care providers to disclose your health information to the individuals you designate
A person’s estate is the financial accumulation of a lifetime of work. We realize and appreciate that, regardless of its size, it is worth protecting. The attorneys and staff at Bort Law have the experience and insight to help you plan and meet your goals.
Every person has different estate planning needs and objectives. We take the time to learn what matters most to each client we assist. In addition, our firm understands how to balance practical applications of the law with the sensitive nature of our clients’ needs.
Contact Bort Law today to discuss your estate planning options. You’ll get the peace of mind of preserving your legacy.