You do—whether your estate is large or small. Either way, you should designate someone to manage your assets and make health care and personal care decisions for you if you ever become unable to do so for yourself.
What Is Involved In Estate Planning
There are many issues to consider in creating an estate plan. First of all, ask yourself the following questions:
What are my assets and what is their approximate value?
Whom do I want to receive those assets—and when?
Who should manage those assets if I cannot—either during my lifetime or after my death?
Who should be responsible for taking care of my minor children if I become unable to care for them myself?
Who should make decisions on my behalf concerning my care and welfare if I become unable to care for myself?
What do I want done with my remains after I die and where would I want them buried, scattered or otherwise laid to rest?
These questions and more can be answered by our Colleen S. Patterson, Attorney at Law. Contact Us
today for more information and to schedule an appointment.