We are often asked why it is important to have an estate plan – What happens if you don’t have one? The answer is simple and it can be brutal. Without a well thought out plan of our own, the government will decide how your estate will be distributed. We hear stories of people that have very specific wishes of where they want their estate to go, including to loved ones and people who they want to benefit from your life’s work; but without a plan, your wishes may be ignored.
If you become sick or incapacitated, someone may petition the Court and ask to be appointed to make decisions that you may not want. You have the absolute right in how your life should be if you become ill or unable to care for yourself, as well as the right to appoint someone of your choosing to make the decisions that you would want to be made. Unfortunately, if you don’t have a plan, the government will make those decisions for you.
It takes time and a lot of questions to learn what is the best for your unique situation. Once our office learns your story, we prepare a unique, customized plan that fits your needs and requirements. These plans may include a revocable living trust and financial powers of attorney. We will prepare health care directives which include HIPPA authorizations so medical providers can give you the care that you need and desire.