What should be considered in an estate plan?

One of the most important things that an individual can do for themselves in life is to plan for the future. It is never easy for a person to consider what will happen to all of their belongings after they pass away but it is an incredibly valuable step to take. One of the ways in which a person can protect their future is to create an estate plan. This can allow the individual to determine what they want to happen upon becoming incapacitated and in the event of their death. There are several different parts of an estate plan and it is important to seek the guidance of an attorney who can assist you in this process.

In order to prepare for any end of life care or care in the event that you become incapacitated, you may want to create a health care proxy. This will allow you to inform medical professionals and your loved ones of the choices you want to be made regarding your health, such as life support or organ donation.

Another part of your estate plan may include the creation of a will. A will details all of your assets and assigns beneficiaries to receive such assets in the event of your death. If you die without a will, you may not have nearly as much control over what happens to your estate after you pass away.

If you need an attorney to help plan your estate, contact our firm today.

If you require compassionate and knowledgeable legal guidance for an estate planning matter, please contact the experienced attorneys at the Law Offices of Cynthia L. Hanley today.