Obtaining the correct legal documents is very important. Having these documents in place helps insure your legal and health interests are protected during all life stages. For seniors, these documents are even more important.
Having these documents in place can help prevent issues when it comes to health and settling estates.
5 Essential Documents To Have
- Will
- Trust
- Medical Power of Attorney
- Financial Power of Attorney
- Living Will or Declaration
In addition to these essential documents, here are some more important documents have when estate planning.
Remember, it is important to make sure all documents are kept current. Proper planning an help avoid disaster. Therefore, communicate and discuss with family, friends, caretakers, etc. what their roles are. By doing this is can eliminate stress, confusion, costs and insure your wishes are executed.
For more information about best practices for ensuring your estate is handled according to your wishes click here.