Wills & Powers
Estate planning is not simply the transfer of wealth and property after death.
Transferring assets – Wills and Trusts – is only part of it; estate planning also covers end-of-life considerations.
Wills and Trusts are the most apparent element of estate planning. However, the most powerful components communicate a client’s wishes near the end of life.
The documents that state these wishes are called Powers, and there are two types of Powers: Medical Powers of Attorney govern a person’s medical wishes, and Financial Powers of Attorney assign someone to pay a client’s bills if incapacitated. Finally, a Living Will is a document that details a client’s final days when they are no longer able to communicate.
Goldstein Financial Future can sift through the terminology and legalese to help clients tackle this process, consider their options, and state their wishes clearly.