WHY YOUR ESTATE PLAN SHOULD INCLUDE MORE THAN A WILL

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WHY YOUR ESTATE PLAN SHOULD INCLUDE MORE THAN A WILL

Will helps ensure your wishes are carried out after you pass away.

However, in the event you become incapacitated in your lifetime it does not ensure that your wishes regarding your finances and medical care will be followed. For that you will need other essential documents:

POWER OF ATTORNEY FOR HEALTH CARE

A durable power of attorney for health care names a person to make medical decisions on your behalf if you are no longer able to make health care decisions for yourself. This document is known as health care power of attorney.

Power of Attorney for Finances

A power of attorney (POA) is an authority imposed on an agent by the principal allowing the said agent to make decisions on his/her behalf. The agent can receive limited or absolute authority to act on the principal's behalf on decisions relating to health, property, or finances.

Power of Attorney for Finances

A Living Will allows you to express your wishes regarding what medical treatments you want, or do not want, in an end-of-life situation. A Living Will differs from a Power of Attorney for Health Care in that it details your specific wishes, whereas a Power of Attorney for Health Care allows your trusted agent to make health care decisions for you.

To learn more about estate planning in Wisconsin, we encourage you to set up a free consultation with one of our attorneys at the Elder Law Center of Wisconsin. For more information, please call (262) 812-6262.
Get In Touch Email paralegal@elcwi.com WEBSITE www.elderlawcenterofwisconsin.co m Call US (262) 812-6262

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