give the gift of an estate plan

Christmas is upon us, and many find themselves contemplating what the perfect gift might be for their loved ones. I would venture to guess the perfect gift, is the gift of an estate plan wrapped in a nice package, so they don't have to worry when you pass away. Many find themselves in unexpected positions when their parents or loved ones pass away with no will or estate plan. Give the gift of an estate plan to your loved ones so they don't have to muddle through the process without any direction. 

So, what do you need to have prepared for your end of life? 

1. Will: A Will, or Last Will & Testament, is something that every adult should have. Most people put this off as long as possible. The process of putting down on paper what you wish to have happen when your life ends can be scary and daunting. I would encourage you to think of this more as a gift for your loves ones, a preparation in advance that provides them a tool to deal with the loss of you when the time comes. 
2. Power of Attorney: A great document to have in place is a Power of Attorney for health and financial decisions. This can be done in advance of incapacitation, so that you are prepared in the event you become incapacitated. This saves court hearings and legal fees in the future, and provides a peace of mind to you and your loved ones far in advance of when you might need the document. 
3. Living Will: A living will is a document used to outline your preferences regarding medical care or medical treatment, and the level of care you wish to receive if you are seriously ill and unable to speak for yourself. This can also be used to outline whether or not you wish to have life sustaining treatment. 

Finalizing these plans and finalizing documents outlining your wishes is a gift that will be so appreciated by your loved ones at the end of your life. Meet with a trusted attorney and discuss your wishes and concerns, and I think you'll find the process is less daunting than you may think. Happy Holidays, and Happy Gifting. 

​- Jill 

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