Kickstart Your Estate Plan: 3 Must-Have Documents

Starting your estate planning journey can feel overwhelming, but it doesn’t have to be. To get started, it’s important to focus on three key documents that serve as the foundation of your estate plan. Since it’s National Estate Planning Awareness Month, there’s no better time to take that first step.

1. Last Will and Testament: This document outlines your wishes regarding the distribution of your assets after you pass. It ensures that your loved ones are taken care of according to your preferences. Without a will, the state may decide how your assets are divided, which can create unnecessary complications for your family.
2. Power of Attorney: A durable power of attorney allows you to designate someone to manage your financial affairs if you become incapacitated. This is crucial in ensuring that someone you trust can handle important matters, such as paying bills and managing assets, if you’re unable to do so.
3. Health Care Directive: Also known as a living will, this document specifies your wishes for medical treatment if you are unable to communicate them. It ensures that your preferences regarding life-sustaining treatment and other medical decisions are respected.

These three documents are essential building blocks for any estate plan. As we wrap up National Estate Planning Awareness Month, it’s a great time to start thinking about your future and the legacy you want to leave. If you haven’t yet begun your estate planning journey, there’s no better time than now.

The Estate Planning Law Office of Jonathon L. Petty, Inc. is here to help you take that important first step. Starting now can bring peace of mind for both you and your loved ones. Call us at 559-374-2223 or complete our online form, and we’ll reach out to schedule an appointment.