Top End of Life Documents You May Need to Consider

Most people know that they at least need a will in their estate plan, even though numerous studies indicate that non-North Americans have a will prepared. Your last will and testament should not be your final word on your end of life wishes. 

When you put together these materials, it may help your loved ones if a difficult situation arises unexpectedly. Of course, no one anticipates being in this situation, but your forethought can ensure your wishes are followed.

Preparing ahead of time by scheduling a consultation with an experienced estate planning attorney is necessary because you cannot predict when challenges will arise, such as disabilities, or a sudden accident. Only 42% of Americans have a will, according to a recent survey completed by Caring.com. A 2014 American Journal of Preventative Medicine research project found that 74% of adults do not have a health care proxy.

Some of the other documents you need to consider in your estate planning process include a living will, physician orders for life sustaining treatment, a power of attorney or a health care proxy, DNR or DNI orders, durable power of attorney, diminishing capacity letters, organ donor designation and life insurance. Talking directly with an experienced estate planning lawyer who knows the laws and rules of your estate and can help you navigate them effectively by drafting appropriate documents is extremely valuable so that you can articulate your individual goals.

 

 

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