Everyone earns money, builds real estate, and carries forward the inherited property. It is important to protect these assets and guide your family members to handle them properly after you are gone. To do so properly, you will need to get in touch with the best Madison, MS estate lawyer who can draft your will, trusts, and all the necessary papers. He can perform these tasks by following all the state and federal laws. He does much more than draft these documents. Some of his significant tasks are elaborated below:
Creating the power of attorney
Power of attorney is a legal document in which a person authorizes his family member or someone to manage the finances. There are two types of power of attorney. First, a person can be authorized to handle financial matters on an immediate basis. Secondly, he authorizes a person to take care of the finances if he becomes disabled physically or mentally. An estate-planning attorney can suggest the right way by looking at the current situation.
Living will explanation
A living will is a legal document in which one can instruct his or her loved ones to opt for the right kind of medical treatment or take necessary actions if he or she may or may not regain consciousness. For instance, a father can tell his children whether they can donate his organs after he dies. An attorney works with the client to formulate this legal document.
A person’s last will
One of the most important documents of a person is his or her last will in which he or she expresses his desire to distribute the real estate, assets, money, and other properties among his children, grandchildren to avoid disputes. If a person does not write a will, the property will be divided as per the state’s laws and claims made by the family members. It is strongly recommended to get this document done in your life when you are in your sound mind. You will have to contact the best lawyer if you want to create a will.
Health care proxy
In this legal document, one can give the right to someone close to take the medical decision on his behalf when he may not be able to do so. It will avoid the delay in the treatment, costs, and frustration.
To find the best estate-planning lawyer, you can speak with your friends and relatives who have recently got these documents done.
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