What would happen to your family, your assets, your business, and/or your livelihood if something unexpected happened to you?
Our Trust and Estate attorneys in Orange County work with clients of all backgrounds to uncover the answers to these questions. We understand that each family has different planning needs, so we work hard to create customized plans that ensure the protection of our clients’ wealth and life’s work, their independence, dignity, their children, grandchildren, and their most personal wishes in the event of death, disability, or incapacity.
Estate Planning Documents Every Adult Needs
We have all heard the adage “an ounce of prevention is worth a pound of cure.” Nowhere does this adage apply more than with planning our estates. The American Bar Association has reported that nearly two-thirds of all Americans do not have even a simple will! We recognize that the underlying goal of preparing a simple estate plan is to make life easier on the people you love the most during a most difficult time.
Every estate plan should include some very basic documents, such as:
An Estate Plan Is Great…
But Will Your Loved Ones Know What to DO in an Emergency?
A well-crafted estate plan should focus on making life as easy as possible for your family and loved ones, if and when something happens to you. Unfortunately, most people are sent home from their lawyer’s office with a huge stack of documents, but no real training or understanding of how to use them when the time comes.
Our Newport Beach estate planning lawyers are committed to ensuring that the people you love have fast access to your plan, and the guidance they need to carry out your wishes when it counts, by helping you create the following tools and resources:
- Personal Instructions: All of the documents we described above provide your loved ones with the power to make decisions on your behalf. Unfortunately, they do not provide much guidance on how to exercise the authority given to them. Our law firm uniquely provides clients with a number of checklists, outlines, and overviews that enable them to clearly provide loved ones with instructions for final arrangements. We have been told countless times by a client’s family members how grateful they were that they were left detailed instructions on what action to take at the appropriate time.
- Document Storage: People who pay to have an Advance Health Care Directive and HIPAA Authorization Relase prepared often fail to consider where these documents must be stored so they are easily accessible in an emergency. Some studies have found that four out of five times, a person’s Advance Heatlh Care Directive is not available when it is needed. We provide our new Estate Planning clients with the opportunity to participate in the DocuBank® electronic document storage service, for the first year, free of charge. DocuBank® enables your physicians and/or family the ability to secure a copy of your health care documents anywhere in the world, at any time of the day or night. Click here to learn more about the DocuBank® service.
- Final Arrangements: Thinking about how you want your final arrangements handled may not be the most uplifting of topics, but it is an important aspect of your estate plan that you should consider. Often, family members may disagree as to how your final arrangements should be handled. We will provide you with a unique, customizable document, which includes a checklist of issues to consider in documenting your feelings on this important matter.