Do’s and Don’ts of Planning Your Estate
Do: Create a Will
A last will is one of the most important documents you can have regarding your estate. An estate planning lawyer in Des Moines, IA, can I help you build a last will divide your property and designate a guardian for any minor children you have.
Don’t: Procrastinate
it may seem unimportant at the time, but the sooner you take care of your estate, the better off you’ll be. The Law Group of Iowa is here to help you make the best possible plans for your family after you’ve passed.
Do: Have End-Of-Life Care Plans
A living will is another extremely important document to have; it can inform your family and medical team of your last requests if you’re unable to communicate them yourself. Health care directives and advanced directives are similar documents that can also help finalize your end-of-life plans.
Don’t: Neglect Your Pets
If you’re especially close with your pets, it’s a good idea to make sure they’re included in your will. Unless you’ve specifically designated a caretaker for them, you’ll have no control over where they go or what happens to the math you pass away. They technically count as your property and are usually included in a last will.
Do: Consider a Power of Attorney
If you ever reach a point where you’re unable to speak for yourself, having a power of attorney that you trust in place can make all the difference. This person can speak on your behalf and help fulfill any requests you might have. If you don’t spring for a power of attorney, designating an executor from your family is another good option. The Law Group of Iowa can help you make the right decision.
Don’t: Forget to Revise
Once you’ve finished your last will and testament, you aren’t done; if you experience any major life changes such as a birth, death in the family, major injury, serious changes in employment or anything else in this vein, it’s important to update your will accordingly. When you make changes to your will, make sure you do so under the guidance of an estate planning lawyer in Des Moines, IA.
Do: Seek Legal Counsel
Unless you have a background in law, chances are there are plenty of restrictions, rules, and statutes you need to follow when developing your last will. Always make sure that you’re building these important legal documents with the assistance of an estate planning lawyer in Des Moines, IA.
