We can help you understand what you really need for planning your estate. Estate planning includes management of your property today and directing what happens to it after you are gone. There are various options when planning your estate, which may include:
Making a will
Power of attorney
The purpose of a will is to pass on your individually owned property after death. If you have no will, the state will govern what happens to your individually owned property. To ensure your property is left to those you wish to have it, making a will is imperative.
Power of attorney is a document that gives another person of your choosing the authority to manage your financial affairs when you are in need of help. Serious illness or disability often requires a multitude of decisions regarding your care and how it is to be paid for.
A properly executed power of attorney document can ensure that the family member or friend who is most capable of making these arrangements can pull together your resources and take any action requiring your signature. There are many protections that power of attorney will give you. Call
Andrew Fury, Esquire today to discuss how power of attorney can help you.
A medical directive is an advanced directive for your medical care, giving you control over your medical care in situations where you may become disabled. You may appoint someone you trust to make decisions on your behalf. Your advance directive will only go into effect when two physicians agree that you are incapable of making health care decisions for yourself.
Trusts can provide a higher degree of control and management over property. A revocable living trust combines features of a will and power of attorney to ensure your control over your property throughout your lifetime, including periods of disability. Upon death, the trust can provide instructions for the passing of your property and help to avoid some of the inconveniences of the probate process for settling your final affairs under a will. There are also trusts available for minors and disabled persons who may survive you in order to ensure their well-being.
Affordable and Accessible Estate Planning
Call Andrew Fury, Esquire to schedule an appointment to discuss your estate planning. We will explain all the facts and options and help you draft your will or advance medical directive, decide whether a trust is necessary for your estate planning, and determine whether you should consider having a power of attorney.
Our goal is to make estate planning and legal advice more accessible and more affordable. We are passionate about helping you properly to plan your estate.
Call Andrew I. Fury Esq
for aFREE legal consultation.
You don’t need to be a millionaire to be concerned with estate planning. Let Andrew Fury, Esquire help you plan ahead.