These clients were an engaged couple in a long term relationship. The male had three minor children.
Their goals were to provide for each other, and for the children if anything happened to them.
We created a will plan for each client, which included:
- A Minor Power of Attorney;
- A Minor Power of Attorney for Health Care;
- Powers of Attorney for Finances;
- Powers of Attorney for Health Care;
- Advance Health Care Directives;
- Disposition Instructions;
- Letters to Short-Term Guardians;
- A Babysitter Instruction Manual; and
- A Guardian Booklet.
The Wills designate where the clients would like their assets to go after they are gone, and name people to act as Personal Representatives of their estates. The father’s will also designates long-term guardians of his children if he passes away when they are minors.
The Minor Power of Attorney for the father names people to act for his minor children if he is ever incapacitated.
The Minor Power of Attorney for Health Care names people to manage the children’s health care if the father is ever incapacitated.
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 Advance Health Care Directives state what type of health care the clients would like if they are ever permanently incapacitated.
The Disposition Instructions state what the clients would like to happen to their remains after they are gone.
The Letters to Short-Term Guardians leave directions to the short-term guardians to care for the minors, in addition to the names and contact information for the long-term guardians.
The Babysitter Manual leaves instructions to a babysitter about what to do if an emergency occurs. This also states the father’s name and contact information, in addition to the names and contact information for the short-term and long-term guardians.
The Guardian Booklet is for father to complete to leave detailed instructions to a guardian about how he would like his children raised if anything happens to him.
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: