Estate Planning Documents
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Do you need a Simple Will?
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General Info
YES, YOU MAY NEED A SIMPLE WILL. Even if you have no assets, you have an Estate - It's You ! So, yes, you may need a Simple Will. But, sometimes, people will create a Last Will and Testament and then think they have “taken care of business." While a Last Will is a good Estate Planning document to set forth your last wishes and directions once you have died, more importantly is that you have good Estate Planning documents that will benefit you while you are LIVING.! What if you have an accident or become ill? What if you were involved in a serious auto accident? What if you were in a coma? How will your affairs be managed if you are unable to do so yourself? How would your bills get paid? How would you maintain your life's business matters? We don't usually like to think about the possibility of devastating situations that could arise in our lives. As we all know, the fact is, devastating things happen to people every day. Did you know that it may be that even your spouse may not have authority to access your bank accounts or attend to your needs without a having a good General Durable Power of Attorney document in place? Having proper Estate Planning documents in place can provide an ease to management of your "estate" if you are unable to do so yourself. The Estate Planning documents that are helpful for you if you become ill or incapacitated and need assistance are: • a General Durable Power of Attorney • a Medical/Mental Health Care Power of Attorney.