It’s difficult for plenty of people to think about complex subjects like elder law or estate planning but the need for estate planning can hit you out of the blue when you start contemplating possible worst case scenarios.
From establishing a will to ensure that there’s someone to care for your minor children, if you or your spouse are no longer able to do so or putting together a health care directive so that others are aware of your intentions and goals can ensure that an emergency or crisis happens, that you’ve already expressed your wishes. As your life changes, your estate plan can evolve too.
Although it’s easy to put off planning, there can be significant consequences if a sudden disability, accident or long term care crisis strikes your family.
If you don’t have an estate plan in place, you’re leaving it up to the courts to determine what happens to your belongings and you’re also putting all of your loved ones in a difficult situation when it comes to determining what is best for your medical care and future needs.
If you have specific wishes, for example, about life prolonging care, explaining this in a written document that is a legally valid written document, gives you a chance to express your wishes and to make it easier for your loved ones to avoid conflict in the wake of a serious crisis.
Schedule a consultation with a Virginia Beach estate planning lawyer to discuss many of the different tools, documents and strategies that can be used to give you peace of mind about your future.