We all think that we’re going to live our life expectancy, but that doesn’t always happen. All it takes is one tragic accident. What happens if you live through an accident, but you’re put on life support? Who would make medical and financial decisions for you? If you have children, who will they live with? A will or an irrevocable living trust just isn’t enough. Other advanced planning is needed. Here are some of the advanced documents that our estate planning attorney in Lubbock, TX at Kyra K. Blankenship Attorney drafts for clients:
- Wills: Your will details how your property should be divided upon your death, along with who will be dividing it on your behalf. Beneficiaries do not need to be relatives.
- Living Trusts: If you have a revocable living trust, and you convey property into it, that property will likely pass to a designated person without the necessity of probate court or waiting for a claims period to expire.
- Durable Power of Attorney and Health Care Power of Attorney: If you’re alive but incapacitated, a designated person can make medical and financial decisions on your behalf.
- Living Will: This document sets forth the circumstances that health care providers will be permitted to keep you alive when death is imminent.
Planning for all contingencies is of paramount importance in estate planning. Express your concerns with an estate planning attorney in Lubbock, TX, at Kyra K. Blankenship Attorney, in a confidential consultation. Appropriate documents can be drafted pursue to your wishes, since you don’t know what the future has in store for you.
