Drafting a will or planning your final medical directives can be quite daunting. Although it seems complicated and depressing, it does not have to be either of those things if you have the right attorney by your side. After all, it’s always better to have a plan than to not have a plan. Even though the legal decisions involved can be quite difficult to make, facing those decisions head-on can bring definite peace of mind.
Estate planning in general is often misunderstood. The term “estate” does not only apply to the severely wealthy; on the contrary, estate plans are meant to empower anyone and everyone. Having the proper legal forms in order will ensure that your wishes are carried out in the event of your medical incapacity or death. An estate plan also helps to prevent hardship on your loved ones in the form of excessive taxes and other expenses.
Areas of Expertise
The experienced and knowledgable attorneys at Tucker, Nong and Associates can explain all areas of will and estate planning to you, and assist in drafting any and all of the necessary documents involved, including:
- Wills (Final and Living)
- Living Trusts
- Power of Attorney
- Advanced Medical Directives
While living wills and final wills are very different, they both serve a very important function. A living will carries out your wishes regarding your medical care, such as life support, in the event that you should be incapacitated or unable to decide for yourself. Other issues such as organ donation are typically involved in a living will document. On the other hand, a last will and testament is meant to honor all of your final wishes after your death. While a final will can be difficult to think about, this document handles crucial factors such as custody of your children, distribution of your money and other assets, as well as your funeral and burial preferences.
Advanced Medical Directives
An advanced medical directive is meant to assist your family and loved ones in the event that you are severely sick and/or injured and cannot communicate with them effectively. Having your wishes spelled out in this document relieves them of the stress and anxiety of having to anticipate what you would want in certain medical situations.
Power of Attorney
The power of attorney document is powerful and often necessary in any number of situations. A “durable” power of attorney designates someone to handle your business and/or financial affairs should you no longer be able to. This person that you choose, or “agent,” will be entitled to make decisions regarding your bank accounts, investment accounts, and any expenses or bills that need to be tended to on your behalf. A durable power of attorney can also be entrusted with property repairs and decisions regarding a small business. A “medical” power of attorney document will designate someone who will make crucial decisions for you regarding medical care. Should you become sick and/or severely injured, your medical power of attorney will typically follow the guidelines set forth by you in your advanced medical directive. This includes such serious matters as life support and various medical procedures.
What a Quality Attorney Can Do
Tucker, Nong and Associates has experienced legal professionals ready and able to help you with life’s most difficult and important decisions. Our legal team will answer any questions and guide you through the process of setting up your will and planning your estate. No matter what your particular need, it is crucial to understand the legal process involved so that your documents can be drafted properly. Tucker, Nong and Associates can ease your mind by addressing your concerns and assisting you every step of the way.