The Basics Of Any Estate Plan
Estate plans are not only for the wealthy. Estate plans are for anyone who has a house, a full-time job, or a family. Estate plans, just like families, come in many “shapes and sizes” and no one size fits all.
At Bryant Law PLLC, I customize your estate plan to fit your needs. Maybe all that you really need at this point in your life is a will. A recent health issue may warrant you creating a power of attorney (POA) and health care directive. Or, you may be at a point in your life where a trust makes sense.
Why Create A Plan?
What Is Included In A Will?
A will details not only “who gets what” but typically also includes a POA (someone designated to be able to handle your finances if you are unable to), and a health care directive and proxy (see below).
A will can be as simple or detailed as you feel necessary. You can also express who you want to take care of your children or your pets. If you do not make these decisions, then they will be left to Washington state. A will affords you the opportunity to, in a sense, speak your piece. You may have reasons for giving someone something or not going the typical route. In some cases, you may wish also to establish a special relationship in writing so there is no confusion about what you want to happen.
What Advantages Does A Trust Provide?
Why Have A Financial Power Of Attorney?
You want to choose now who should be able to handle your finances if a health crisis arises. A POA gives the person you designate a clear legal authority. People who have special needs or who are in nonmarital partnerships can benefit from having a POA. Without the correct documents, unmarried individuals could be prevented from caring for their loved ones and denied access to medical information.
What Does An Advance Directive Do?
A Foundation In Compassion
I am attorney Ann Bryant. I established Bryant Law PLLC to assist and guide modern families in their estate planning needs. To arrange a complimentary initial meeting, call my Seattle, Washington, office at 206-487-1642. You can also reach me via my online inquiry form or schedule a meeting with me directly on my calendar page.