Estate Planning and Powers of Attorney
The only guarantee in life is that nothing is guaranteed. That is why it is never too early to plan for your future and to account for any potential incapacity that may befall you. It may seem morbid to plan for your death or incapacity, but it is vital to have a plan in place for when it happens. Whether you are 18 years old or 80 years old, executing a simple will and powers of attorney can protect you and your assets in the event you become incapacitated or suddenly pass away.
By executing a simple will you ensure that your children and family are provided for. You can also direct where you would like your hard earned money and assets to go and to whom. Without a will, your estate may be distributed in a way contrary to your wishes as the default distribution is directed by intestacy statutes.
Powers of attorney allow you to appoint a person to make healthcare and financial decisions for you if you reach point when you are otherwise unable. This is especially important for 18 year olds who often move away from home for work, college or the military. Healthcare and financial powers of attorney allows them to elect a person to make decisions for them and to be properly cared for. Often a power of attorney is a family member or close friend with whom you have a close relationship and understands your wishes with respect to medical treatment and end of life care.
Hawley, Kaufman & Kautzer, S.C. is ready to help you plan for your future.