Essential Estate Planning Documents
Estate Planning Lawyer in New Orleans and MetairieThe office of Gary S. Brown, LLC essential estate planning documents, which should include: Last Will and Testament A Will is a written document that states how your assets are going to be distributed upon your death. A Will may be complex or very simple. However, even the simplest Will must be drawn in accordance with strict form requirements or the Will may be determined to be invalid and unenforceable. If you don't have a Will your property will be distributed at your death in accordance with Louisiana intestate succession law, which may not distribute your property how you want. Living Will A living will is a written document that states your preferences about medical care in the event of a terminal illness. It describes how far you want your physicians to go in providing care when death would otherwise be imminent. In addition, it provides for carrying out your wishes about relief from pain. Medical Power of Attorney Similar to a living will, a medical power of attorney also is a written statement of your preferences regarding medical care. However, the power of attorney applies to all medical situations in which you cannot make your wishes known, while a living will applies only in the event of terminal illness. It also establishes an agent that can act on your behalf in making important medical decisions. Power of Attorney for Finance By establishing an individual (called your agent) to have power of attorney for finance, you are taking a step toward preserving your monetary assets in the event that you are physically incapable of dealing with the issues yourself. This allows for a trusted friend, family member, or professional associate to protect your assets and utilize them to aid in your care in the event of incapacitation. Contact an estate planning attorney at the office of Gary S. Brown, LLC today. We offer a free initial consultation so you can discuss your estate planning needs with attorney Gary Brown. |
