These clients were a married couple with one minor child. They had planned an upcoming vacation, and wanted to make sure their child would be taken care of if anything happened.
We created a will plan for each of them, which included a:
- Power of Attorney for Assets;
- Power of Attorney for Health Care;
- Minor Power of Attorney;
- Minor Medical Power of Attorney;
- Health Care Directive;
- Disposition Instructions;
- Letters to Short-Term Guardians; and
- A Babysitter Emergency Manual.
The Wills state where the clients’ assets will go, and name people to act as personal representative to manage distribution of assets. They also name long-term guardians for the care of their child.
The Powers of Attorney for Assets appoint people to manage the clients’ assets if they are ever incapacitated.
The Powers of Attorney for Health Care nominate people to manage the clients’ health care if they are unable to do so themselves.
The Minor Power of Attorney and the Minor Medical Power of Attorney name short-term guardians for the child if anything happens to the clients.
The Health Care Directives state what types of health care the clients would like if they are ever incapacitated or in a terminal condition.
The Disposition Instructions include what the clients would like to happen to their remains after they are gone.
The Letters to Short-Term Guardians include instructions and contact information for the long-term guardians.
The Babysitter Emergency Manual includes names and contact information of the parents and the short-term guardians, as well as instructions to a babysitter in case of an emergency.
Need estate planning help but not sure where to start? Click the link to check out this free presentation I put together that will answer all your questions (it’s basically the talk I give at potential client strategy sessions):
And, if you know you just want to talk, click the link below to schedule a free strategy session with us: