When most people sit down and make plans for the course of their lives, they plan out how they want their careers to go and when they want to retire. People plan for what type and how large of family they want to have and when they want to have it. However, most life plans are usually a best case scenario. They do not take into account what will happen if things go wrong. That’s where an experienced estate planning attorney can help you.
It’s understandable that you do not plan for everything that can go wrong. Most people know that their lives will not work out exactly according to plan. Things change and when they do, you have to adjust your plans. However, there are some things that can go wrong that you should plan for ahead of time.
For example, if you are ever incapacitated, you should plan for someone else to make your health care and financial decisions. You can do this by visiting an estate planning attorney and having a General Durable Power of Attorney and a Health Care Power of Attorney drawn up. These documents allow you to designate who you want to make your decisions because once you are incapacitated and unable to make decisions you will not be able to decide who to appoint.