Last Wills and Testaments and Powers of Attorney
A Will is a document that controls the disposition of a person’s property at death. It determines who is to receive what property. It also can name guardians for minor children and set forth their duties. A Will can also establish a trust to be created after your death for minor children, or for other purposes. The Will names a Personal Representative, the person who will be responsible for paying your debts, clearing all estate issues and distributing your assets.
A Power of Attorney is a legal document in which you give another person legal authority to act for you. A Durable Power of Attorney authorizes your agent to continue to act for you after you become incapacitated. A Power of Attorney allows your agent to carry out financial tasks for you when you cannot do so. This might include paying your bills, managing your property, and handling other money matters.
A properly developed estate plan is one that considers everything from disposition of assets to healthcare decisions. This firm has experience drafting Wills, including basic trusts, and Powers of Attorney, as well as Living Wills and Health Care Powers of Attorney, that address the specific needs and goals of its clients.