A comprehensive estate plan consists of a variety of documents tailored to represent your wishes and protect your future and the future of your family and friends. Most people aren’t aware of the many different documents that should be in their estate plan. Our experienced Camas, WA estate planning lawyer is here to help you craft the estate plan that you need and deserve.
With over a decade of experience and an Avvo 10.0 Rating - Superb as a Top Attorney for Estates & Business, you can trust our team with your estate plan. Contact NW Legacy Law today.
Will And Trust
A will is a document that contains your wishes for how your assets and property should be distributed after your death. In your will, you will also name an executor and can include other provisions such as naming guardians for minor children. A living trust is a document that goes into effect during your lifetime, allowing you to manage your assets while you are living and have them pass directly to your beneficiaries after your death, avoiding probate and court.
Power Of Attorney
A power of attorney authorizes an agent to manage your finances, make legal decisions, and take other approved actions if you are incapacitated or unable to do so. Having a power of attorney and selecting a trustworthy and responsible agent can help you protect yourself in events where you are unable to make important decisions.
Health Care Directive
An advanced healthcare directive includes your wishes and preferences for medical treatment. In instances in which you are unable to communicate your wishes, a health care directive can instruct your family and friends on important matters such as life-sustaining measures and organ donation. This document ensures that your desires are communicated and saves your family from making difficult choices on your behalf.
Beneficiary Designations
Beneficiary designations outline the recipient for certain assets that pass directly to a beneficiary. These assets may include life insurance policies and retirement accounts. Having a beneficiary designation ensures that these assets pass on as you intend, rather than leaving the decision up to the court. It is important to update beneficiary designations regularly, especially after major life events such as a marriage or addition to your family.
Letter Of Intent
A letter of intent is not a legally binding document, but it can be helpful for your loved ones to have a clear roadmap for your wishes after your passing. This document often includes details regarding funeral arrangements, special assets, and personal messages. You can tailor your letter of intent to say exactly what you want it to say.
Contact Our Estate Planning Lawyer Today
If you are in need of assistance with your estate plan, do not hesitate to reach out for dedicated representation. Our attorney has the knowledge and experience necessary to help you build an estate plan that protects your rights, interests, and future. Contact our team at NW Legacy Law today to schedule a consultation.
