Create An Effective Will, Power of Attorney Or Health Care Directive (Living Will)

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Who Really Needs A Will?

Many of us believe that we don't really need a Will unless we are very wealthy or very old. These are dated and potentially harmful beliefs. In today's world, it is more important than ever to document what you would like to happen in the event of your passing.

A will is in your best interest if you:

  • Have a full time job
  • Have a 401K, pension or IRA
  • Are married
  • Have children
  • Own a home
  • Own a business
  • Are an artist or collector

What Is Power Of Attorney?

Power of attorney (POA) gives someone power over your finances and legal affairs should you become incapacitated or otherwise desire to give another such a power of attorney. Different types of POA (such as general, special, durable) give the appointee and the attorney drafting the POA different powers. It is a good idea to appoint a person you trust as POA if you:

  • Are preparing for major surgery
  • Have been diagnosed with a serious or terminal disease
  • Want someone to help you sell property
  • Own a business

When To Create A Health Care Power Of Attorney/ Advanced Directive/ Living Will

If you need someone you trust to be able to make medical decisions for you if you are unconscious, mentally incompetent or not able to make decisions on your own, then a health care power of attorney (also known as advanced directive or living will) is a good choice. There is really no substitute for clear and unambiguous instructions regarding what you want to happen.

Additionally, a Maryland advance directive will help those close to you know what your wishes are should you face a terminal condition, persistent vegetative state or end-stage condition. You may also wish to include whether you will donate your organs and your plans for cremation or burial. Work with an attorney to customize your wishes into a single plan. Our estate planning team can answer your questions and ensure your documents are legal, binding and custom to your situation.

Get Started Today

To get started on creating clear planning documents, contact our firm. Our Silver Spring, Maryland, lawyers will guide you through the process of creating an effective will, health care directive or POA. Call 866-405-0124 to get started.