A Quick Overview of Estate Planning and Estate Planning Attorney Arcadia Ca | Regrettably, many of us are thinking about death these days. A flu epidemic is sweeping the world, affecting every aspect of our existence. Considering the news, many of us are wondering more deeply about our death rates and the premature death of our loved ones. Hopefully, you and your family will be alright. However, it never pains me to be ready.

This is an experience I first learned about after my father died. I recall waiting in his overstuffed hoarder’s home, where he’d started telling me to look in the locker one colored red in his guest-room headquarters for his final guidelines.

I opened the room door and gazed at the massive poster adorned some otherwise blank, white wall when I was only a child: it depicted a Nat Geo globe encased in push pins representing where my Father had traveled and where he hoped to go. When I was a kid, almost every one of the pins was yellow, indicating places he still desired to see. My Father had passed away at the age of 76, and the majority of his pins were green: he’d accomplished his goals.

I opened the room door and gazed at the massive poster adorned some otherwise blank, white wall when I was only a child: it depicted a Nat Geo globe encased in push pins representing where my Father had traveled and where he hoped to go. When I was a kid, almost every one of the pins was yellow, indicating places he still desired to see. My Father had passed away at the age of 76, and the majority of his pins were green: he’d accomplished his goals.

When I opened the drawer, I saw two tidily printouts. One was a list of written addresses, organization names, and bank details titled “Where Things Are.”

Those records (neither of which was a will; that was managed to keep in a safe room at an attorney general’s office) were the actual locations I required, and they directed me throughout a procedure that almost all of us will face when a loved one passes away.

My opinions on death rates are becoming more intense in the early months as the coronavirus emerges into a global epidemic that has claimed countless lives and will undoubtedly and sadly claim many more. I consider my fate on occasion because I’m a lifelong asthmatic who has always been more susceptible to colds and coughs than those around me.

But put horrifying thoughts aside for a while. Because Estate Planning Attorney Arcadia ahead of time, whether assisting a husband or wife with their final relations or making your ultimate arrangements, will make the future (and death) much simpler when the time arrives.

Here are some things to consider, whether discussing arrangements for yourself or trying to ensure your elderly parents are ready.

Do I require a will?

You’ll also require multiple will-like records if you have kids and property.

To be clear, a will is a legal document that governs what happens to your assets—what you own. Your choice specifies what happens to everything ranging from your kids to your trinkets, treasures to bonds, and stocks.

Assets with a designated beneficiary, such as IRAs or maybe some bank and mutual funds, are an exception.

A will is not the only record you will require. You’ll also need a living will, also renowned as an application for approval, which exactly sounds like: It defines what will happen to your affairs if you are still alive (but incapacitated). A living will primarily address how you would like your end-of-life choices to be handled if you could not express your desires.

The other two primary records you’ll choose to start preparing are a long-lasting well-being power of attorney, which designates the individual who will make medical decisions on your behalf, and a will. An Estate Planning Attorney Arcadia Ca help you to make your wills without hassle.