Customized Representation For Tailoring Your Estate Plan
Many individuals think that if they do not have an “estate,” they do not need to create an estate plan. This is not true. Estate planning is essential for everyone. At the Law Office of Lakesha D. Holmes, PLLC, Ms. Holmes helps her clients create a personal estate plan. She provides the guidance they need to examine their assets, life goals, family’s future needs and even their charitable aspirations to create a plan that meets their needs.
You can be confident that she will remain attentive and available to you throughout her representation, answering your questions and addressing your concerns as they arise. To learn more about how she can help with your estate planning, call her office in Baytown today at 832-408-6037.
Understanding The Documents In Your Estate Plan
Each person is unique and faces a different set of concerns. Although the internet offers forms for estate planning, no two estate plans will be exactly alike. Working with an estate planning attorney can provide the peace of mind that your legal documents will clearly communicate your wishes and are legally enforceable.
The legal documents contained in most estate plans include:
- Simple or complex will – A simple will allows you to legally express your wishes for the distribution of your assets and to appoint someone you trust to become the executor of your estate when you die. Having a simple will usually minimizes the time and expense of a probate proceeding. Some estates will require more tax planning and provisions for special circumstances utilizing a complex will with a trust and beneficiary designations on retirement accounts and life insurance.
- Living will – A living will sets out your health care wishes in the event you cannot articulate them yourself. Talk to your primary care physician so they can let you know what sort of decisions your living will should include. A living will is your signed statement about what kind of end-of-life medical treatment you prefer.
- Durable power of attorney – A power of attorney is most valuable when it is made “durable” and includes a financial provision, as it will grant permission to your agent to make financial decisions on your behalf if you are suddenly incapable to make them yourself. You can choose how limited or how broad these powers are, but it’s important that the person making your health care decisions has access to capital to pay for procedures you need. They’ll need to be your advocate at the hospital and may need to assert control if there are any disagreements among family members or between your family and doctors.
- Medical power of attorney – A medical power of attorney is one kind of durable power of attorney. You can appoint someone you trust to be your agent. Your agent will be empowered to make health care decisions in line with your choices if you are unable to make them for yourself. It’s important that your agent acts and speaks on your behalf according to your wishes.
Call Now For Assistance With Your Estate Plan
Everyone needs some form of an estate plan. Call the Law Office of Lakesha D. Holmes, PLLC, in Baytown at 832-408-6037 to discuss your estate planning needs with an experienced lawyer. If you prefer, you may initiate a consultation by reaching out to Ms. Holmes through her secure website.