Estate planning often feels complex, leading many people to rely on assumptions that can have devastating consequences for their loved ones and their legacy.
One myth is that your spouse can make your healthcare and financial decisions because they are your spouse. Spouses do not automatically have the legal authority to make your medical decisions or manage your financial accounts if you become unable to manage your affairs (i.e., become incapacitated).
Without powers of attorney for health care and finance, a court may need to appoint a guardian, which can be a costly and time-consuming process.
Proper planning ensures that your spouse or another trusted individual can act on your behalf and honor your wishes without court involvement.
Estate planning is about taking control. Call to schedule an appointment today.
