• Skip to primary navigation
  • Skip to main content

Duffy Law Office, PLLC

Helping Families Preserve Their Wealth

  • Home
  • Our Firm
    • About Our Firm
    • About The American Academy
    • Advantages of Working With Our Firm
    • Attorney and Staff Profiles
    • Speaker Connection
  • Services
    • Asset Protection & Business Planning
    • Elder Law & Medicaid Services
    • Estate and Gift Tax Figures
    • Estate Planning Services
    • Family-Owned Businesses & Farms
    • Financial Planning Assistance
    • Incapacity Planning
    • IRA & Retirement Planning
    • LGBTQ Estate Planning
    • SECURE Act
    • Special Needs Planning
    • Trust Administration & Probate
  • Reports
    • Advanced Estate Planning
    • Basic Estate Planning
    • Estate Planning For Niches
    • Trust Administration
  • Resources
    • Client Resources
    • Consumer Resources
    • Published Books
  • BLOG
  • Contact Us
  • (563) 445-7400
  • Show Search
Hide Search

Consider the Following When Creating Your Estate Plan (Part 1 of 2)

Dennis D. Duffy · Apr 25, 2011 ·

When creating your estate plan, you want to make sure that you dont forget to include any important aspects. In order to have an effective estate plan, there are many things that you will likely want to consider. Take the following tips into consideration when planning your estate. Consult with one of our estate planning attorney to discuss your specific needs.

  1. Create a will.

 

  1. ?
    • Do you want to name a guardian for your minor children?
    • Do you want to choose who will receive your assets after your death?
    • Do you want to appoint a responsible person who will be in charge of managing your assets and winding down your financial life?

 

If you answered yes to any of the above questions, then you will want to include a will in your estate plan. A will allows you to do all of the above. Without a will, your wishes may not be followed.

  1. Make healthcare directives.

 

  1. ?
    • Do you want to have a say in important medical procedures and treatment options?
    • Do you want your medical wishes to be respected?
    • Do you want to have a say in whether you remain on life support when you are in an irreversible coma?
    • Do you want someone to be responsible for making sure that your healthcare wishes are followed?

 

If you answered yes to any of the above questions, then you need to have healthcare directives. With a living will, you can make end of life medical decisions. You can also create a healthcare power of attorney which will allow you to appoint an agent who will help to make sure that your medical wishes are followed as well as well as communicate with medical professionals during your time of need.

Make sure that you consider the above estate plan tips and please refer to part 2 of this 2 part article.

If you have any questions about the need for a complete estate plan, consult with a qualified estate planning attorney.

  • Author
  • Recent Posts
Dennis D. Duffy
Latest posts by Dennis D. Duffy (see all)
  • Attorneys Want to Help - December 14, 2016
  • Trusts and the Estate Tax - December 14, 2016
  • What Is a Third Party Special Needs Trust? - December 14, 2016

Estate Planning Estate Planning

Blog Subscription

Where we are

Duffy Law Office, PLLC
1840 E 54th St
Davenport, IA 52807
United States (US)
Phone: (563) 445-7400

Opening hours

Monday8:30 AM - 4:30 PM
Tuesday8:30 AM - 4:30 PM
Wednesday8:30 AM - 4:30 PM
Thursday8:30 AM - 4:30 PM

Map

duffy_hmpg_map.png

© 2023 · American Academy of Estate Planning Attorneys, Inc. | Disclaimer | Privacy Policy | Sitemap | Contact Us