Estate planning is often put off by people because they feel that there is always a tomorrow. Tomorrow they'll think about getting their affairs in order. Tomorrow they'll figure out who they want to care for their children in the event their life is cut short. There will come a time for everyone when they run out of tomorrows. Why put off preparing for the future when an estate planning attorney in Simpsonville, SC, is available and ready to help today?
Planning for the future can be scary, especially when the future a person is planning for is one without them. It is important, though, that a person sit down with those people closest to them and discuss their wishes. An estate planning attorney can help with every aspect of preparing a will, setting up a guardianship, and creating power of attorney for a person in the event that they are no longer able to make decisions for themselves.
A will is the most basic document a person can create to help family and friends know what they want done with their assets upon their death. Unless directed in a will, loved ones will not know what to do with a person's possessions. This is especially true when a person does not have a spouse or children to leave their assets to. Knowing that the person desires to have their possessions split equally between certain friends, or perhaps donated to a charity of their choice, will prevent disagreements over what to do.
An estate planning attorney can also help set up a guardianship. In the event that a person with children passes away, it is typical for their children to be left in the care of the remaining parent. What happens, though, in the event that both parents die in an accident? It is imperative for a parent to appoint a person as the guardian of any surviving children. As with assets, unless a person leaves guidance on who they want to care for their children in the event of their death, there are likely to be disagreements between relatives wanting to take the children. A child is a parent's most priceless asset—it is imperative that a plan is left to ensure they are cared for by a person of the parents' choosing.
Creating power of attorney is another important thing a person should do. This document gives the appointed person the ability to make decisions and manage the affairs of someone when they are no longer able to due to injury, illness, or death. In this same regard, a living will can be set up, allowing a person the ability to choose whether or not they want to be kept on life support or resuscitated if the time comes to make that choice.
An estate planning attorney in Simpsonville, SC, can provide all of the services a person needs to prepare for their death. Having a will, guardianship, and power of attorney established will prevent any confusion as to what a person's final wishes are in the event of their death. Planning for the end of a person's life entails thinking about things most people would rather avoid considering, but are essential to document and ensure the wants of a person are adhered to upon their death.
Source : articlesbase.com
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