Four Legal Documents to Protect Your Family
Four Legal Documents To Protect Your Family
By Doris Dobkins
There are many ways to show your family you care. Providing the proper
legal documents is one of the best. Here are four legal forms that you
should consider to protect your family.
Please dear readers, don't give the state the power to make these
important decisions for you if you should die. That's what happens if
you don't take the time to prepare these important documents!
1. Will: A will lets you distribute your assets according to your
priorities and values. A will is a legal document that states who gets
what when you die. Lawyers can draw them up for you or you can buy a
form at the stationary store or even prepare them on the computer. It
is a good idea to have an attorney review them to make sure everything
is correct.
2. Living Trust: Some estates require planning beyond what a simple
will can provide. Living Trusts have become the companion document used
by most families when this is necessary. There are different types of
Trusts and only competent legal counsel can guide you in this process.
3. Power of Attorney: For some, this document can be the most
important. Your financial affairs may need to be handled by family or
friend. This document allows someone to act for you and in your best
interest if you are unable to do so.
4. Health Care Power of Attorney: This document lets you appoint a
trusted relative or friend to make decisions about your medical care in
the event that you are unable to make or communicate them yourself.
If you haven't addressed these documents for your family, now would
be a good time to take that first step. Pick up the phone and call
a local attorney. Ask some questions, get some information. Do something!
Take it from those who didn't and wished they or their loved ones had!
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By Doris Dobkins, Money Saving Expert
Are looking for new ideas to get out of debt, save money
and improve your finances? Get your copy of "Financial Freedom
A-Z Home Study Course" that will put more money in YOUR pocket and
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