![]() ![]() It allows the final distribution of your personal belongings and assets to go smoothly and according to requests. Last Will and Testament – This document is set up as a final notification for your loved ones on precisely what are your wishes. ![]() They determine both in life and death, what your wishes are and serve as a guide to your loved ones. They each have their place in your future goals and plans. In most instances, it is applicable when you cannot express your intentions with respect to treatment when you are terminally ill, persistently unconscious, or suffering from a chronic illness that will lead to your death.īoth Last Will and Testaments and Living Wills are the foundation to any estate plan. WillsĪ Living Will is a health care document that provides your treating physician and your loved ones with your intentions with respect to “end of life” treatment or care. Call (501) 625-9114 today for help with elder law in Hot Springs, Hot Springs Village, Bryant, Sherwood and surrounding areas. Whether you’ve never established one or simply need an update, the team at EEPA can help you take this step in taking control of your future. Powers of Attorney are intended to be designed and drafted in order to meet your specific needs and goals, not simply a “fill in the blank” and “sign here” document. Marriage, Divorce, Birth of Children, etc. ![]() Has your life status or situation changed since a previous POA was done? Powers of Attorney need to be periodically updated due to life changes. Do you know what your current POA allows and does not allow your selected attorney-in-fact to do? Within these types of POAs there are also varying levels of purpose and coverage. There are various types of Powers of Attorney: This process is lengthy, expensive and complicated. If you do not establish a Power of Attorney, your family could potentially be forced to file a petition with the court for a Guardianship in order to handle your affairs if you become incapacitated. The benefit to a Power of Attorney is you choose who you want to handle your affairs in case you are unable to act.ĭepending upon your intentions, your Power of Attorney will either become immediately effective or will “spring” into effect upon your incapacity. It protects you and your loved ones in the case of unforeseen health issues or temporary or permanent incapacity. This is an important aspect of elder law Hot Springs, Hot Springs Village, Bryant, Sherwood and surrounding areas residents should not overlook. Regardless of age or phase of life, everyone needs a Power of Attorney. Elder Law: Powers of Attorney, Wills, and Deeds Powers of AttorneyĪ Power of Attorney is by definition, the authority to act for another person in a specific or comprehensive legal and/or financial situations. ![]()
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