Unfortunately, estate planning is a task that many people tend to put off until it’s too late. Although it can be challenging to consider these topics, refusing to discuss them won’t help anyone in the event of a death or emergency. With the outbreak of Covid-19, our nation has had to confront the fact that death and severe illness can strike anyone suddenly and without warning. In these uncertain times, it’s essential to have measures in place to protect your interests and loved ones. Here is more about Coronavirus and the California estate planning documents you need now:
Your Advance Health Care Directive
It has become evident that Covid-19 is a devastating virus that has the potential to make seemingly healthy individuals gravely ill within a matter of days. As the number of Coronavirus infections in the US climb daily, numerous citizens are having to undergo medical treatment. Depending on their conditions, some of these individuals may become incapacitated during their care. This is a time when every second counts and medical professionals need to be able to make immediate decisions regarding their patients’ treatment. However, when an incapacitated person does not have an Advance Health Care Directive, a California probate court may have to become involved to appoint a decisionmaker. By having this device, you will have a legal document that communicates to your providers what medical care you want and who should make decisions treatment.
Your Power of Attorney for Finances
Imagine what would happen if you were to become so ill that you could not regain consciousness for some time. During your incapacity, your personal and business financial obligations would continue, and others may owe you debts. Without someone there to manage these tasks, your fiscal health could be irreparably damaged. With a power of attorney, you can designate another person to become your “attorney-in-fact” or agent. This person will have the authority to take over whatever financial powers you choose. This individual’s authorization will only go so far as your document provides and can end as soon as you regain your capacity.
Your will is the legal document that you will use to communicate your final wishes and leave your estate to your heirs. If you have minor children, it is also the device you can use to identify potential guardians for them. Without this essential directive, your estate will pass according to the California law rather than your preferences. Your loved ones will also have to assume the stressful task of managing your affairs during this difficult time. Further, if you pass away without having identified potential guardians for your children, they could be left in an uncertain position.
Contact a California Estate Planning Attorney
The effects of the pandemic have been sobering for those who have not developed an estate plan or need to update their information. If you have not already done so, contact an experienced estate planning attorney today to get the California estate planning documents you need now. At the Law Offices of Alice A. Salvo, we have experienced attorneys who can help you get the California estate planning documents you need. Contact us today to schedule your free consultation. https://www.salvolaw.com