One of the most important things a loved one can do is prepare his or her estate to represent his or her wishes and provide clear direction for the family to follow through in times of great difficulty. Even a simple and concise will can outline basic steps to save time, energy, and expense in a worst-case scenario.
A well-thought-out estate is a good investment for a person of any means. It includes specific directions on how you will want your assets and property distributed upon your death. It can also include guidelines for guardianship of children, instances of incapacitation, and wishes for funeral arrangements.
Richard P. Arthur, Attorney at Law, can also help draft Power of Attorney (POA) documents and living wills. The former is a formal document stating who you grant power to make living and financial decisions on your behalf. Powers of Attorney can also be a specific directive to grant the authority to make medical decisions on someone’s behalf. These are called Health Power of Attorneys. These can be vital documents for families of which that decision line may be unclear. Living Wills provide specific directions on your wishes for end-of-life decisions should you be unable to make those decisions independently.