
So many people think of a Last Will & Testament when they hear “Estate Plan”. However, a good Estate Plan includes so much more and actually addresses potential needs arising during your life. Unfortunately, the ongoing pandemic reminds us all that we need to prepare for when we can no longer address our own affairs.
First, do you need an Estate Plan? Do you fit into any of the following groups:
Elderly | Divorced | Parent | Front Line Worker | Teacher |
Young | Separated | Grandparent | Medical Provider | Investment Banker |
Middle-Aged | Pregnant | Step-Parent | Home Owner | Tenant in Apartment |
Married | Engaged | Pet Owner | Chief Executive | Trolley Operator |
Single | OR, anyone 18 years of age or older with a pulse! |
If so, you need an Estate Plan. Make certain that your Estate Plan includes the following:
Document | Purpose |
Last Will & Testament | Directs distribution of Estate assets upon death |
Revocable Living Trust | Trust established for your lifetime plus directs distribution upon death |
Health Care Power of Attorney | If you become incapacitated, your representative can make medical decisions per your specific instructions |
General Power of Attorney | If you become incapacitated, your representative can manage your business affairs per your specific instructions |
Living Will | Expresses your end of life medical decisions |
HIPPA Authorization | Allows listed person access to your medical information |
We can assist with your Estate Planning needs. Contact Michael Geiger at Geiger Law. Michael’s direct line is (901) 219-5549.