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wills, successions, power of attorney
The foundation of your estate plan begins with a will package. The following are documents included in a will package:
Power of Attorney is a legal document whereby one person appoints and confers authority to another person to act on his or her behalf – carrying out very specific acts/functions.
Last Will and Testament is a legal document that expresses how a person wants their property and/or personal belongings to be dispersed of at the time of their death. It may also determines the person to deceased would like to be appointed as the independent Executor, and may also entail who the care of any minor children would be, should there be minor children.
Succession is the court-supervised process of transferring a deceased person's assets to his/her heirs.
The purpose of a will package is to ensure that your assets are protected both while you are alive and after your death.
Statutory Durable Power of Attorney
Allows you to name who you want to make business and financial decisions for you in the event of incapacity or disability.
Medical Power of Attorney
Allows you to name who you want to make your medical and health care decisions for you in the event of your incapacity or disability.
Directive to Physician (Living Will)
Declares your wishes with respect to life-prolonging treatments and procedures.
Declaration of Guardianship
(Should the Need Arise) Allows you to name the individuals who will be your guardian of your person and estate in the event of your incapacity or disability. More importantly, it allows you to name the individual you DO NOT want serving in that capacity.
Declaration of Guardianship for a Minor Children
(Should the Need Arise) Allows you to name the individuals who will be the guardian of your children in the event of your incapacity or disability.
Permits you to name individuals to have access to your medical information and records.
Disposition of Remains
Allows you to appoint an agent to make all decisions about the disposition of your remains after death.
Sam L. Jenkins Law Firm will advise you regarding estate planning, drawing up the necessary documents, where you will be advised to review the documents annually, as life and family situations may change, making modifications necessary. The document should also be kept compatible and relevant to any changes in estate tax and federal law.
Contact us today at 318-636-4266 or request your appointment online to discuss your estate planning needs.