Wills, Power of Attorney, and Healthcare Directives
It is important to plan ahead for future health problems and eventually death. Preparing yourself for these events will prevent a great deal of confusion and dispute when the time comes to make difficult decisions and take action. Wills, power of attorney, and healthcare directives are necessary to ensure that your wishes are carried out exactly.
Wills, also known as testaments, are legal documents that name the people who will manage an estate and receive assets after death. This legal declaration clearly defines the future of all property in a person’s ownership after death.
Power of Attorney
A power of attorney is a legal document that authorizes a person to act on another’s behalf involving business, legal matters, healthcare, and other private matters. The person granting the authorization is known as the grantor, donor, or principle. The person who receives power of attorney is referred to as either the agent or the attorney. In the event that a person cannot act on his or her own to make a decision or cannot be present, the agent/attorney must make decisions on their behalf in their best interests.
A healthcare directive, also known as a living will, is a legal document declaring a person’s wishes for what actions to take in his or her healthcare if that person should become incapable of taking care of his or herself. This is a common occurrence for people who are in the later years of life and may become someday incapacitated by physical illness, mental illness, or any other disabling factor.
Estate guidelines are the instructions to be followed within a person’s will or testament and also the set of procedures to be followed by the pointed executor of a will. The executor is the person in charge of making sure that the wishes expressed in a will are followed.
Roybal-Mack & Cordova, P.C.’s attorneys will help you to create a will, grant power of attorney to another, and compose your healthcare directives to make sure that in your time of illness, you are taken care of exactly the way you want to be.