It’s important to make sure your loved ones are taken care of in case something happens to you. Careful estate planning can ensure that your wishes are carried out when you are unable to carry them out yourself.
In this video, an estate planning expert outlines a checklist of important actions to take while you are still of sound body and mind. First, it’s important to make sure your own health is taken care of—you can do this by signing an advance directive, or medical power of attorney. An advance directive outlines your specific healthcare wishes in the event of an accident or illness that leaves you incapacitated. Next, it’s important to have a financial power of attorney or living trust in place to ensure that your finances are properly distributed in the event of your death. A Tracy estate planning attorney can help with all these matters.