Important Documents Needed For Estate Planning Delray Beach
Good estate planning is possible when you have all the necessary documents on hand immediately. With the help of your Estate Planning Delray Beach lawyer, you should be able to accomplish and prepare the following documents.
- The will – Just how important is it to have a will before you die? This document will decide who, when and what amount your inheritors will receive should your assets be distributed. The will must be written, signed by the maker and the witnesses. You will also need to select a personal representative – the person who will be responsible for the disposition of the estate.
- Guardianship – The welfare of your children are also part of estate planning. Through guardianship, you can specify the person you choose to be the guardian of your minor children. If you don’t do this, someone might battle you in court for their guardianship.
- Living will – Also referred to as advanced directive, this document states in advance the medical care decision you would like in case you are rendered incapacitated. This piece of document is helpful in situations of medical emergencies where your loved ones are faced with the hard task of making a difficult decision.