No one wants to think too much about their passing. However, it’s best to be prepared so that our loved ones will know explicitly what your wishes are. Consider the following components for your estate plan:
- Healthcare Proxy: This gives a specific person the power to make health decisions for you if you can’t.
- Durable Financial POA: This enables a particular person to conduct financial transactions if you are unable.
- HIPAA Release: This permits access to healthcare information for specific persons.
- Last Will and Testament: This specifies beneficiaries for your property and guardians for under-age children.
Living Will: Among other things, a living will give explicit instructions about what treatments you do and do not want if you become incapacitated.