Three Tips for Effective Estate Planning
Do you know the three documents every American needs to have? According to Attorney Nathan Powell of Powell & Edwards everyone should have a:
- Healthcare Directive
This functions as an emergency contact sheet, empowers and delegates healthcare decision-making responsibility, and allows some decisions to be made ahead of time.
- Financial Power of Attorney
This document empowers and delegates financial responsibly and it also expands or restricts general financial authority in ways the principal chooses.
- Last Will and Testament (this is only effective after death)
Your last will and testament allows you to protect the vulnerable, provide a plan and preserve a legacy.
Would you like to know more about how you can easily and strategically leave a legacy?
Contact us today and we’ll help you develop a philanthropy plan, or what we like to call your “journey of generosity”.