What is Estate Planning?
Having your legal and financial affairs in order helps avoid confusion and family conflict after a family member dies or becomes disabled. No matter the size of your estate, you need a plan to communicate your wishes and protect your loved ones.
If you care about your family, you need your affairs in order. You want to be remembered as somebody who cared enough about them to plan for the inevitable. Take the time to visit your estate planning attorney Baker Law Firm in Marysville, Washington.
What Should I Plan For?
Accidents and illness causing death of disability happen – usually unexpectedly. Since we can’t predict tomorrow, it is time to get your legal affairs in order now. You should revisit your estate plan periodically and certainly whenever your life changes: marriage, children, new property or business acquisitions, and serious illness. Even if you have very few assets, it is still important to make decisions about who will inherit your property and care for your minor children if you die unexpectedly.
Plan for your Disability.
People usually become disabled before they die. Under the law, you can appoint the right person to make decisions for you about your finances and medical treatment if you can’t make them yourself. Washington law also lets you tell your physicians, in writing, how you want to be treated if you suffer from a terminal condition or enter a permanent vegetative state. You should make these decisions yourself, not let the courts or family members you don’t want take control of you and your affairs.