We’ve covered a lot of ground over the past week….and today I’ll be sharing with you another very important component of your estate plan.
Powers of Attorney.
You may have heard of a Power of Attorney or Financial Power of Attorney or Health Care Power of Attorney. These documents can provide a much needed peace of mind when it comes to planning for a time when you become incapacitated and are unable to manage your finances or make medical decisions for yourself.
If you do not make a decision now, while you are competent, with respect to who you feel has your best interest at heart with respect to these imporant matters, you may unknowingly place a major financial and emotional burden on your family.
If you do not nominate an individual to serve as your agent or attorney-in-fact under a Power of Attorney, the Court will appoint a conservator or guardian for you. This is are much more costly process than simply specifying your wishes by executing a Power of Attorney.
In this video, I go into more detail on the various Powers of Attorney that should be incorporated into your estate plan. Check it out:
If you are located in Boise, Eagle, Meridian, Nampa, Caldwell, Star or Kuna, I would love the opportunity to work with you to get you the peace of mind that comes with having your estate planning in order.
Schedule Your Consultation Today at (208) 384-8588.