How Does COVID-19 Affect my Estate Plan?
Since the COVID-19 outbreak began earlier this year, many people have been lying awake at night wondering what the future will hold. As our daily lives continue to effected, people who already have estate planning documents may find themselves questioning whether their plan needs to be updated due to the increased chance of a medical emergency.
What is an Advance Medical Directive?
Unexpected situations can arise at any time. Therefore, it’s important for all adults to have protections in place, not just the elderly. An Advance Medical Directive allows you to give instructions for your doctor or caregiver if you fall into a coma or become terminally ill, seriously injured, or mentally incapacitated.
What Happens to My Estate Plan if I Get a Divorce?
When life changes, it is important to remember to get your estate planning documents updated. A divorce is no exception to this rule. The marital settlement agreement, which is required to finalize a divorce in California, will generally void most joint living trusts and wills between spouses.
What Happens if I Die Without a Will?
A will is a document that gives legal power to your wishes and desires after you pass. It allows you the power to reach from beyond the grave and bind your heirs to uphold your decisions and wishes as clearly laid out on paper.
What is a Durable Power of Attorney?
A Power of Attorney is a legal document where you (the “principle”), give another person (the “agent” or “attorney-in-fact”) the legal authority to act on your behalf.
What is an Advance Medical Directive?
Unexpected situations can arise at any time. Therefore, it’s important for all adults to have protections in place, not just the elderly. An Advance Medical Directive allows you to give instructions for your doctor or caregiver if you fall into a coma or become terminally ill, seriously injured, or mentally incapacitated.
5 Reasons an Attorney Should Draft Your Power of Attorney Document
A power of attorney document creates a relationship between 1) a principal and 2) an agent, or attorney-in-fact. In a principal/agent relationship, one individual acts in place of the other.
Why Do I Need a Will?
A will is a legal document that allows you to provide specific instructions for distribution of your assets and can be used to pre-select guardians, if you have children