An estate plan is more than just a will-it’s a comprehensive approach to ensuring your wishes are respected, both for your assets and your health. In this video, we explore why a will alone isn’t enough, even if you don’t have a large estate or legacy to protect.
We discuss the essential documents that should be part of your estate plan, starting with a financial power of attorney. This critical document allows someone you trust to manage your finances if you’re unable to do so. Whether it’s paying bills, managing investments, or handling any other financial matters, this power of attorney ensures everything is taken care of according to your wishes.
Next, we dive into the importance of an Advanced Healthcare Directive-sometimes known as a living will. This document specifies your wishes for medical care if you’re incapacitated, including whether or not you want life-sustaining treatments. It also designates someone to make healthcare decisions on your behalf, providing peace of mind that your medical care will be in line with your values.
While a will is still crucial, particularly if you own property, a complete estate plan includes these additional documents to fully protect your interests.
If you’re a California resident and know it’s time to set up your estate plan, visit www.estateplanlawyer.com for more information. Ready to take the next step? California residents can schedule a free estate planning strategy session with me by clicking this link: calendly.com/d.... Don’t forget to like, share, and subscribe for more expert guidance on estate planning, and feel free to ask your own questions in the comments-there’s a good chance we’ll answer them in a future video!
16 окт 2024
