- GuardianshipIf you become incapacitated for some period of time, you would be unable to manage your assets or affairs. A power of attorney form authorizes someone else to act on your behalf in such situations. Some forms address financial matters and some address health care matters. Important decisions must sometimes be made to protect your interests, and having a power of attorney (made while you are still capable) is the only way to avoid a more expensive and restrictive guardianship proceeding.
- Real Estate Transactions
- Estate Planning
- WillsA Living Will (sometimes called a Directive to Physicians) is a form that can help you avoid being kept alive under hopeless conditions. If a person without a Living Will becomes irreversibly incapacitated (like brain dead), the attending doctors and clinics will feel obliged to continue life saving procedures long after it makes any sense. A Living Will can relieve your loved ones from guilt and financial loss.
- TrustsA Trust arrangement can be used as a management tool in a variety of situations. Whether a revocable living trust plan is right for you or your heirs depends on numerous factors. In some situations, the use of a trust can minimize taxes or settlement charges.
- Power of Attorney