Page 7 - Estate Planning 101
P. 7

ADVANCE
                                                                                                                                                 DIRECTIVES
































                                                                                                                                                 Advance directives are documents which give someone else


                                                                                                                                                 the ability to make decisions for you if you are alive but


                                                                                                                                                 unable to make decisions for yourself. Many people don't


                                                                                                                                                 realize that their spouse or adult children don't


                                                                                                                                                 automatically have this right. These documents are for


                                                                                                                                                 everyone  from age 18 to age 108! Examples of these are:






                                                                                                                                                         Durable Power of Attorney - for legal and financial


                                                                                                                                                         decisions


                                                                                                                                                         Designation of Healthcare Surrogate - for medical


                                                                                                                                                         decisions


                                                                                                                                                         Living Will - to let your loved ones know if you want to


                                                                                                                                                         be kept on life support


                                                                                                                                                         And more!




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