Estate Planning
Although no one likes to think about it, it’s essential to plan ahead regarding the handling and distribution of a person’s assets in the event of their passing. Failing to do so can result in confusion and conflict among the person’s family and associates. PDH Hall Attorneys at Law can help you get all of your estate planning needs in order and let you focus on living your best life with the people you love.
Types of Estate Planning Documents
Wills
A will is a document used by a person to decide who they want their assets to be given to after they pass away.
Power of Attorney
A Power of Attorney (POA) is a document that is used to allow a person to make decisions for you if you are unable to make decisions for yourself. POAs can be used for various reasons. Some people have medical POAs which allow a person to make medical decisions for them in the event that they cannot make medical decisions for themselves.
Living Will
A living will is used when a person makes decisions about what type of care they want at the end of their life.
Successions
A succession is the process of transferring the assets of the deceased person into the possession of their heirs. A succession has to be filed in court and signed by a judge.
A small succession affidavit is used when the total of the decedent’s estate is less than $125,000.00. The affidavit of a small succession has to be filed in the Clerk of Court’s office and does not have to be signed by a judge.
To get your estate planning process started, contact PDH Hall Attorneys at Law and we can help you navigate any options you choose. We look forward to helping you!