Spokane Estate Planning Lawyer

Spokane Estate Planning Attorney

Estate planning is essential for everyone, not just wealthy individuals or seniors. It allows you to dictate how you want your legacy handled and simplifies decision-making for your loved ones in case of your death or incapacitation. By planning ahead, you can ensure your wishes are followed, preventing conflicts among family members regarding your assets and care for dependents.

What documents make up an estate plan?

Estate planning involves more than just financial assets; it should include these essential documents as part of the process:

Property power of attorney

Also called a financial power of attorney (POA), this person will manage your money and property if you can’t. For instance, if you’re in a health crisis or have an accident, they can pay your bills and handle other financial tasks for you.

Healthcare power of attorney

Your healthcare POA is the person you choose to make medical decisions for you if you can’t. If you’re relocating away from family, consider someone nearby who can talk easily with the medical team. Depending on your state, this role may also be called a healthcare agent, attorney-in-fact, or patient advocate.

Will

Wills outline how you want your assets divided after your death and can specify guardians for minor children. Having a will usually simplifies the probate process for managing your estate. If you die without a will, the court must step in and may make choices that don’t match your wishes.

Advance directive, or living will

An advance directive gives instructions for your end-of-life care when you can’t express your wishes. It indicates if you want medical staff to perform life-saving measures like CPR and can include other preferences, such as being an organ donor.

Planning Packages

** For advanced estate planning or Trusts, please contact our office for a consultation. Basic wills do not include trusts or extensive estate planning. A typical example of a basic will includes minimal assets (house, boat, vehicles, basic savings accounts/retirement, information on burial preferences, etc.)