I had the honor of sitting down with my friend and colleague Shannon M. Pawley, J.D., LL.M CEO of The Estate & Asset Protection Law Firm @ElderLawGeorgia During our time together we discussed the importance of Estate Planning, ensuring end of life and asset protection documents are in order, strategizing for long term care, end of life care benefits for veterans and much more. While our entire conversation can be heard in the video here the 3 Reasons You Need an Estate Plan are to:
1. Avoid Dying in Intestate
Regardless of what you think you do or do not have; you have an estate. Without having a solid estate plan in place, you are leaving your family subject to the probate system which is something that you want to avoid.
2. Clearly Defining Health Care and Financial Power of Attorney, and Health Care Directive
Who is going to speak for you when you cannot speak for yourself concerning medical and financial decisions? Do you want this responsibility left in the hands of overwhelmed medical and legal professionals who know and care nothing about your desires and choices? Of course not! Identifying an agent to represent you and make decisions that YOU would be pleased with will make all the difference in the world. Using your autonomy to make decisions about your end-of-life care ahead of time ensures that you will or will not receive medical procedures and treatment that YOU CHOOSE!
3. Controlling What Access Those You Leave Behind
Put simply, who gets what and who doesn’t. What can be done with what you leave behind and what can’t. Who is responsible and who isn’t? These are all determining factors that must be taken into consideration when assigning beneficiaries for your hard-earned money, home, and belongings. You have no control over this unless you have a will.
Want to learn more? Contact Shannon today using the information below.
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Joél Simone Anthony, also known as ‘The Grave Woman,’ is a licensed funeral director and embalmer. She is dedicated to eliminating misconceptions about post-life preparation while stimulating an open, honest and straight forward discussion about death. You can submit your comments, questions and requests to firstname.lastname@example.org or by using our contact page.