At one time or another, everyone will need to make plans for what happens if they are incapacitated or should pass away suddenly. Choosing to draft certain types of legal documents form the basis for estate planning and ensure the wishes of the client are known and observed. The team at the Brabazon Law Office LLC can help the client prepare these foundational documents and ensure they are in full compliance with local laws. Here are some examples of documents that need to be in place today.
Last Will and Testament
At the very least, every person should prepare a last will and testament. The contents of this document will leave no doubt about who should receive any financial assets that the deceased owned, as well as any personal effects. Many people make the mistake of thinking all these things automatically go to the next of kin. In fact, that may not be the case. To ensure there is no confusion or the need for a prolonged legal battle, work with the team at Brabazon Law Office LLC to develop a will that is detailed and leaves nothing to chance.
A Living Will
What would happen if the individual was involved in an accident and could not provide permission for certain types of medical treatments? Who would make the decision to take the individual off life support if there was no real chance of survival? While those decisions can be made by a spouse, not everyone is married or in a relationship that is universally recognized by the courts. The best way to prepare for this type of event is to prepare a living will that spells out the wishes of the individual. If necessary, the contents of this document can be invoked when there is little to no chance of survival.
There are other documents associated with estate planning, like powers of attorney and various types of trusts. All of these can be discussed with legal counsel and prepared in advance. Visit us website today to learn more about estate planning and how to get started. Schedule an appointment and begin the process as soon as possible. Once the essentials are in place, it will be easier to make additions or updates as the need arises.