It can be both scary and exciting to think about the future! While many people enjoy planning vacations and special events, they often put off legally planning for the future. If you want to avoid surprises and make sure that your wishes are respected, it's important to work with a lawyer as soon as possible. Take a look at the following information to better understand some of the reasons as to why you should hire an estate planning attorney.
Plan for Your Minor Child's Future
You never know when you'll no longer be there for your child. With the use of planning tools, you can choose a guardian for your child so that he or she is always cared for and protected. You can also leave behind assets for their future needs such as everyday care needs and college expenses. With a plan in place, you have full control over the future safety of your child, no matter what happens.
Plan for Medical Emergencies
If you're ever involved in a serious medical situation which leaves you incapacitated, you won't be able to make decisions on your own. A lawyer can draft documents that will allow others to help out. A healthcare power of attorney document will allow a trusted loved one to make medical decisions on your behalf and talk to medical professionals for you. With a financial power of attorney in place, a trusted person will be able to access your finances to continue paying bills and make investment choices for you. Don't be unprepared for a medical emergency!
Make Funeral Planning Decisions
While it can be difficult to think about topics such as death, it's a good idea to have a funeral plan in place. You can have a full plan in place such as choosing whether you want to be buried or cremated and whether you want a public or private service to be held. With help from a lawyer, you can even pay for these costs ahead of time so that your family doesn't have to be burdened. This can help take away added stress so that you family can grieve and honor your life after your death.
As you can see, having a plan is essential. If you're fearful about making a plan, an estate planning lawyer can walk you throughout the process so that you feel more comfortable. If you have any questions or if you're ready to start planning, contact a local lawyer (such as Binsky Whittle lawyer) today to learn more.Share
2 April 2015
Just as there are laws to protect us on the roads, there are laws to protect our families. Whether you are fighting for the right to see your children, or are in the beginning stages of a divorce, a lawyer can help. There are many laws and stipulations that can have a serious impact on the outcome of any family legal situation. Having a lawyer working at your side to get through a difficult time is the only way to ensure that your rights are fully protected. On this site, you will learn about some of the family laws that could be impacting your life today.