Our experienced Salmon Creek, WA elder law lawyer knows that updating your estate plan after major life events is an important part of protecting your future and the future of your family and friends. Events such as a marriage and the birth of a child or grandchild are common times when people think about updating their estate plan, but it is also important to review your plan when you move into a nursing home. Our team can discuss your situation and help you make the updates that you need.
Our firm has over a decade of experience assisting clients in Washington with their estate plans, and our elder law lawyer has a 10.0 Rating on Avvo as a Top Attorney for Estates & Business. To discuss your situation with our team, contact NW Legacy Law today.
Reviewing Your Documents
The first step of updating your estate planning is reviewing your existing documents, such as your will or trust. Our attorney will help you look over your estate plan and make sure that it accurately reflects your current situation and wishes and that it includes the beneficiaries that you wish to have included. Once we have reviewed your current plan, we can develop a plan for what needs to be changed and updated.
Making Changes And Additions
The next step is to change documents and add any important documents that you might be missing. A comprehensive estate plan may include a will or trust, a power of attorney, an advanced healthcare directive, beneficiary designations, and other documents. For individuals moving into a nursing home, a power of attorney and a healthcare directive can be particularly important. These documents protect you in instances where you are not able to make important decisions. A power of attorney appoints an agent to make financial decisions and other related decisions, while a healthcare directive outlines your wishes for medical care in circumstances where you are incapacitated.
Long-Term Care Planning
You may also want to consider long-term planning, considering beneficiaries, ensuring that your assets are all accounted for in your will or trust, and making important decisions about matters that may arise in the future. Our attorney will sit down with you and talk through all of the important elements of your estate plan, ensuring that your wishes are fully covered.
Keeping Your Loved Ones Informed
Throughout the process of updating your estate plan, it is also important to keep your family and friends updated and aware of any changes that you are making. This can help prevent confusion and dispute and make your intentions clear when it is time to communicate them.
Contact Our Elder Law Lawyer Today
Your estate plan is incredibly important. It protects you in unexpected circumstances, communicates your wishes, secures the future for your loved ones, and safeguards your own future. When it comes to such an important matter, having experienced and knowledgeable representation is crucial. To discuss your estate plan with a member of our team, contact NW Legacy Law today to schedule a consultation.
