Planning a vacation trip is the perfect opportunity to consult with an estate planning attorney in Arizona and ensure that your assets and loved ones are taken care of.
Going on vacation is something most people in Chandler AZ look forward to. And why not, it’s the perfect time to get away from the daily grind and relax. But before you pack your clothes and other stuff, you may think that the words “vacation” and “Arizona estate planning lawyer” don’t really go together.
Of course, estate planning is something you do when you expect something to happen, right? Well, the truth is not too far from that. Going on vacation is actually the best time to consult an estate planning attorney in Arizona.
Prepare for the unexpected
No one knows what will happen during their journey. This bitter pill has taught people the importance of preparing for the unexpected. You can prepare for such unforeseen events by creating a power of attorney document. This document can designate someone to make decisions about your property, financial assets, personal life, and health care in the event of an emergency.
Another way to prepare for the unexpected is to make a will. A will can protect your loved ones after you die. If you’re not sure where to start writing a will, an experienced estate planning attorney in Arizona can help.
Plan for your children
If you plan to travel without your children, it is important to name a guardian in your will to take care of them. This is just one aspect of estate planning you need to keep in mind when planning your trip. Other things to consider include:
- Health Care Directive.
- Living will.
You should also have a plan for what will happen to your assets in the event of your death. This can also be done by Trust. A trust is a legal entity that holds and manages property for the benefit of another person, called the beneficiary.
Peace of mind for you and your loved ones
Estate planning can help protect your loved ones in an emergency. If something happens to you while on vacation, estate planning can help ensure your loved ones are taken care of.
Estate planning is the process of making decisions about important things in your life in case you can’t speak for yourself. This could include things like:
- Who will make decisions on your behalf if you are incapacitated?
- Who will take care of your children if something happens to you?
- What will happen to your assets when you die?
Estate planning can help protect your loved ones in an emergency. Of course, consulting a qualified estate planning attorney in Arizona before traveling is the course of wisdom. So if something happens to you, your loved ones will know what to do and how to handle your affairs.
Plan ahead with living trusts
What is a Trust? A trust is a legal document that establishes the rights and duties of the people involved in its creation.
A trust can also be used to make decisions on behalf of an individual if they are unable to do so themselves. The primary purpose of living trusts, for example, is to exercise control over the transfer of your assets upon your death.
Living trusts, for example, can also provide for the care and maintenance of an individual’s property. This includes ensuring that the property is maintained and repaired, as well as paying any taxes or other fees associated with the property.
Like a will, living trusts are binding legal documents that contain your wishes upon your death. These wishes include your instructions on what to do with your property when you die.
Keystone Law Firm and Your Estate Planning Lawyer in Arizona
What if you don’t have a trust? Most likely, your assets will be distributed according to your last written will. If you do not have a last will, your assets will be distributed according to state law. A trust can protect your assets if you become incapacitated.
Of course, an experienced Arizona estate planning attorney at Keystone Law Firm knows that no will and no living trust are created equal. The conditions that bind these documents depend mainly on your personal situation.
Every detail must be taken into account and nothing should be left to chance. Keystone Law Firm assures that it will. If you are planning to go on holiday, why not call the company and