While many of us are home, it is easy to fall into the trap of Netflix binging, or spending too much time on social media. We find it hard to remain productive when we are out of the workplace. Some of you are also feeling anxious about what is going to happen next, when will we be back to normal. How quickly will be bounce back, both physically and fiscally. The frustration mounts because, for most of us there is not much we can do but follow the CDC guidelines, stay home and keep social distancing.
As you know, I am a positive person by nature, so when life gives you lemons make lemonade. You can take this time that you have with your family and really think about the important documents that you have been putting off, because you didn’t have time or wouldn’t make time before this quarantine. Now you have time and your family around to discuss how you would like things to be handled if you are ill, incapacitated or if you are to pass away. Here are my five “must have” key documents that you need to have in place:
1 – Durable Power of Attorney: Authorizes your agent to make financial, real estate and other fiscal related decisions if you are incapacitated.
2 – Medical Power of Attorney (Healthcare Power of Attorney): Designates who can make health care decisions for you if you are incapacitated.
3 – Designation of Guardian for Minor Children: Designates who can be your children’s guardian to care for them if you die or are incapacitated.
4 – Designation of Guardian in the Event of Later Need: Designates who will be your guardian in the event you are incapacitated, and a Guardian needs to be appointed. Also, you can specify who you do not want to be your Guardian.
5 – Directive to Physician (Living Will): Directs your family and physician if you are in a terminal condition or if you are in an irreversible condition.
These documents are a MUST if you find yourself ill or incapacitated, especially in this current COVID-19 era we are living in. The problem is we don’t know when that is going to happen. The key is to be prepare now, before something happens. At The J.M. Dickerson Law Firm, we make it easy for you to have your documents ready. Let us help you to get this done and check it off your list. If not NOW, when. Just click on the links I have provided below for our Guide to Lasting Peace of Mind, to get started. And as a bonus, I will also give you a copy of my ebook, The Texans’ Guide to the Probate Process. Stay safe and take advantage of this down time, it may not happen again and be sure to call us at 956-791-5422 for this or any other estate planning needs.
Stay healthy and safe!
Joseph Michael Dickerson