Page 16 - The Other Side of The Mountain October 2018

Attorney [Specializing in estate planning]

An estate plan is made up of a handful of
very important documents, each with a
different and unique purpose. Some of
these estate planning documents let you
choose the type of care you want to
receive in a hospital, while others can
set up trust funds for your children or
specify who will receive assets you leave

behind.

Essential estate planning documents Source: Rocket Lawyer

 Last Will and Testament lets you choose who inherits your
assets, select guardians for your children, and name an
executor to make sure your wishes are carried out. It is the
most important part of an estate plan.

 Living Will, on the other hand, will let you decide the sort
of care you want if you are hospitalized and can't make
decisions for yourself. For example, some people have
strong religious beliefs about being resuscitated and may
choose to note those in their Living Will.
 Healthcare Power of Attorney concerns the same medical
treatment issues, but instead of laying out your choices in
a document, you name another person (a spouse, family
member, or close friend) to make those decisions for you.

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