What is Basic Estate Planing

Posted on Posted in Legal, Legal Maters

Estate Planning Basics and Will Preparation

Basic estate planning typically consists of your will living well financial power of attorney and medical power attorney .

  • if you don’t have a Basic estate planning in place and you leave yourself open to all sorts of threats for instance without proper planning the government will decide where all of your wealth will go.
  • if you dont have Basic estate planning in place and have minor children you lead up to the court system to determine who’s going to raise them if you became disabled.

who’s going to manage your finances and who’s going to take care of your medical needs and finally.

if you were terminally ill who’s going to determine the fate of your life .

you should be in control of all these decisions with Basic estate planning Documents

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