Making a will is easier than you think and if your estate is a modest one you can probably skip the attorney hooray.
Putting together a living will.
Creating a well crafted will is critical to getting your end of life affairs in order and making sure your possessions and assets are distributed according to your final wishes.
Putting your wishes on paper helps your heirs avoid unnecessary hassles and you gain the peace of mind knowing that a life s worth of possessions will end up in the right hands.
About the author judy martel is a freelance financial writer and author of the book dilemmas of family wealth.
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It also addresses other important questions detailing your preferences for tube feeding artificial hydration and pain medication in certain situations.
If you hire an attorney to create your living trust she will likely create the trust as part of a comprehensive estate plan.
Living trusts and estate plans.
Should i put my wishes in writing.
Insights on succession.
Although many states allow oral living wills there is little evidence of oral statements and if people have different recollections about what you would have wanted or perhaps are too emotionally grieved to make the proper decisions it is essential to have a legal document for your medical caregiver to fall back on.
If you name someone to be in charge of your medical decisions unrelated to life support the document goes into effect when you can t make decisions for yourself.
Do you need a lawyer to make a will.
To fully achieve all necessary protections you need a will powers of attorney and health care directives in addition to your living trust.
Regardless when putting together your living will you ll want to complete two related documents advises matthew erskine managing partner of erskine erskine a law firm that specializes in.
Together with your will a medical power of attorney gives you a voice when you need it most.
Your living will takes effect when it s determined that you re in a severe medical condition defined by your state s law with no hope of recovery and unable to communicate your wishes.
Read on for 6 little known facts about living trusts.
After making your will you ll need to sign it in the presence of at least two witnesses.