Bushnell residents may wish to turn to an estate planning lawyer to handle a range of different issues, such as preparing a will, establishing a trust, appointing power of attorney and writing a living will and/or health care proxy.
Estate planning is a multi-faceted area of law, which is important for providing you with peace of mind while you’re still alive. You can also enjoy the reassurance of knowing that your desires would be carried out if you were incapacitated and unable to express your preferences for medical care.
Do I Need an Attorney to Deal with My Estate Planning?
Bushnell residents may be tempted to attempt estate planning documents on their own, as the web has many generic last will and testament forms, power of attorney forms and other similar legal documents.
But these documents can actually complicate matters, creating more problems than they solve. The reason for this lies in the generic, non-specific nature of these documents. The generic form may not address important issues that should be noted in order to prevent the ambiguity or lack of clarity that can render the document useless or worse, it could get matters tied up in court where a judge will be tasked with attempting to interpret your wishes.
So instead of avoiding hassle and making your wishes clear, you could end up in a situation where a judge decides your fate or the fate of our estate — the exact situation that most individuals are attempting to avoid with the estate planning process. For this reason, if you do not have your estate planning lawyer draft your documents, it’s essential that they, at minimum, review the forms prior to signing.
What’s Involved in Estate Planning?
Bushnell natives who are ready to begin the estate planning process may wish to tend to a number of different issues. A last will and testament and a trust are two tools can be used to divide your assets among loved ones. Trusts are a bit more complex, but they allow for far more flexibility. This makes trusts the preferred choice among most estate planning professionals. Plus, a trust can allow your loved ones to avoid probate in many cases.
Estate planning can also involve power of attorney designations. You can appoint power of attorney for just one legal matter or you can grant universal power of attorney. All of these documents should be prepared and signed very carefully as there is a significant potential for abuse. It’s always wise to have your estate planning attorney review any power of attorney documents to help protect your interests.
Estate planning can also involve the formation of a living will, which indicates how you would want to be treated if you were incapacitated and in need of medical care. A health care proxy can also be appointed to make decisions on your behalf. This is often done if a person knows they will be incapacitated following a procedure, for instance.
Estate planning can provide you and your loved ones with tremendous peace of mind knowing that you’ve prepared for any eventuality.
*Disclaimer: The views expressed here are those of the authors and do not necessarily represent or reflect the views of Jhonston & Sasser, P.A*