24 Dec
When most people in Texas think of estate planning, the first thing that often comes to mind is tools such as wills and living trusts. While these documents are important parts of a plan, there are others that can also help provide families peace of mind should the unthinkable happen. Fortunately, the attorneys at Livens & Reed, PLLC have the necessary skills and experience to guide the creation of such documents, including granting someone power of attorney.
A will can provide instructions on how a person wants his or her estate divided and who will provide care for minor children. However, it does not typically provide for a contingency in which the creator is still alive but unable to make decisions for him or herself. Fortunately, a person is able to name someone to serve as power of attorney who can then make decisions regarding medical and finances of the person granting the POA.
Family members named as a POA may struggle with some of the difficult decisions they may be forced to make. To help ensure that those in such a situation fully understand the wishes of the person for whom they are making decisions, an advance directive, also known as a living will, is beneficial. With such a document in place, family members can make these decisions with confidence knowing that they are doing what their loved one wants.
Many of the processes involved with the estate planning process can be complicated, and mistakes can often be costly and can create added stress in an already difficult situation. Our experienced attorneys can help those in Texas who want to ensure their wishes are expressed by creating an appropriate plan. Often, an initial consultation if the first step toward fully understanding the purpose of a power of attorney and advance directive.