Your family can make a huge difference by planning what will happen after you die. There are many things that your surviving relatives will need to consider after your death. These include planning for a funeral and burial arrangements. It’s better to work with experienced estate planning attorneys in Mesa, AZ than to leave it up to chance.
Following are the benefits of estate planning:
- A will ensures assets are distributed and children are taken care of
Everyone should have a will. Many people have assets like a car or home and savings accounts. These are important documents that will let your loved ones know what to do with these assets after you die. A professionally prepared will can help to end bickering among family members and friends who are grieving.
It’s essential if you have minor children. This document will outline what happens to your children in the event of your death. You could end up placing your children in foster care or in a custody dispute with relatives.
- A Living Will ensures that your medical wishes are followed
A living will is an entirely different document. A living will (also known as an advanced medical directive) is a document that outlines what you want to happen if you are too sick or incapacitated.
You can also name someone to be your medical power-of-attorney. This is the person who will make medical decisions for you if you are unable to do so. You can ask estate lawyers for help if you are unsure of what is best for you.
Talk to estate attorneys about your assets, and then discuss which documents are best for you. There is no one-size fits all solution to estate planning. Before making any decisions that will affect your family members, consult an attorney who specializes in this type of planning.