These clients were a married couple in their forties, with one minor child. Their goals were to provide for each other and their child if anything happened to them.
We created a Will Plan for each of these clients, which included a:
- Power of Attorney for Finances;
- Power of Attorney for Health Care;
- Minor Power of Attorney;
- Minor Power of Attorney for Health Care;
- Health Care Directive; and
- Disposition Instructions.
The Wills state what the clients would like to happen to their assets after they are gone. Additionally, they name guardians for their child in case anything happens to them while he is still a minor.
The Powers of Attorney for Finances name people to manage the clients’ assets if they are ever incapacitated.
The Powers of Attorney for Health Care name people to manage the clients’ health care if they are ever incapacitated.
The Minor Power of Attorney gives the authority to the people named it it to care for their child in case an emergency occurs.
The Minor Power of Attorney for Health Care gives the authority to the people named in it to manage their child’s health care if an emergency occurs.
The Health Care Directive details the types of health care the clients would want if they are ever permanently incapacitated.
The Disposition Instructions state what the clients would like to happen to their remains after they are gone.
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: