Wills and Estates
WillsNo one wants to think about their own demise, but we all know that we will not live forever and may face an untimely demise. A Will allows you to choose who will administer your estate upon your death and how your estate will be divided. If you have young children, you can specify who will care for them in the event of your death, at what age they will be given the money left to them and who will hold the money in trust until they are old enough to inherit it.
Roy E. Link Law Office knows that you have worked hard to accumulate your assets and will help you ensure that as much of your estate as possible is available to your heirs and that it is distributed according to your wishes.
Powers of Attorney and Personal DirectivesA power of attorney is an important document that allows someone to make decisions regarding your property and finances when you are unable to do so due to advanced age or an unexpected illness or accident. A power of attorney can come into effect immediately upon signing or upon a contingency, most commonly, when a doctor confirms that you are unable to make proper decisions on your own.
A personal directive (also known as a living will) is a document in which you may specify who will make medical and personal decisions for you and the basis upon which they are to be made, if you are unable to do so yourself. This includes making decisions on where you live, with whom you visit and associate and health care decisions including the start and end of treatment. The primary advantage of a personal directive is that you can make your wishes clear, in advance, dramatically reducing familial discord.
If you become mentally incompetent and have not signed an enduring power of attorney or a personal directive, it will likely be necessary for your family to go to Court to determine these issues. The disadvantages to making a court application are:
It is more time consuming and there may be decisions that need to be made quickly
It is considerably more expensive
Your personal information becomes a matter of public record which can be searched by anyone
The Court may appoint someone whom you would not have chosen to act on your behalf
Inevitable family discord
At Roy E. Link Law Office, we have experience in preparing powers of attorney and personal directives. Our goal is to ensure that your needs will be well taken care of in the event that you become unable to look after them yourself. Additionally, we can hold your will, power of attorney and personal directive securely in our vault free of charge so they are easy to find and access when the time comes that they are needed.