Estate planning can feel like a daunting task. Not only do you need to decide how property and assets will be distributed to beneficiaries, but a variety of other decisions need to be addressed to determine a myriad of life aspects. Even though it takes work to finalize these details, it’s worth the effort to ensure that nothing is left unfinished after you are gone.
You shouldn’t leave anything up to chance. A well-written estate plan outlines your wishes and determines how your family should support you in the final days.
Many times, families face difficult decisions regarding medical care for an ailing loved one. When a person’s health is declining, they may no longer be able to make decisions regarding their medical care. One or more people need to be appointed to handle these decisions, which is where end-of-life planning is so important.
You can make this situation easier on your family by creating a living will. This document indicates the type of care you desire, as well as instructions for how the family should respond in a medical emergency that could be terminal. For example, terminally ill patients might choose to opt-out of resuscitation treatments if they don’t want to extend their life in the illness.
Peace of Mind for You and the Family
Not only does estate planning take care of your personal property and financial business, but it can also bring peace of mind for end-of-life care. You feel good knowing that your wishes are documented if medical concerns arise. At the same time, your family will be content knowing that they are honoring your desires.
The ultimate goal of estate planning is to make it easier for surviving family members to manage various aspects of a person’s life. Preparing in advance reduces the risk of disagreements in the most important decisions that need to be addressed.
If you have questions about estate planning, or you’d like to finalize a plan for your estate, then Miles & Hatcher, LLP is here to help. Contact us to schedule a consultation: (909) 481-4080.