These clients were a married couple in their sixties, with three adult children. Their goals were to provide for each other and their children, and to leave a charitable donation. They additionally wanted to ensure an ex-spouse was disinherited.
We created a will plan for each of them, which included:
- Power of Attorney for Finances;
- Power of Attorney for Health Care;
- Advance Health Care Directive; and
- Disposition Instructions.
The wills name the persons the clients choose to manage the distributions of their estate. They also state how the clients would like their assets distributed.
The powers of attorney for finances appoint people to act for the clients in regard to managing their assets if they are ever incapacitated. These documents additionally give the people named the authority to do so.
The powers of attorney for health care designate people to mange the clients’ health care if they become incapacitated, and also give these people the authority to do so.
The advance health care directives detail what types of health care the clients would like if they are ever permanently incapacitated.
The disposition instructions describe 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: