Most people have worried about what would happen if they became seriously ill
and were unable to deal with your own matters. Who would handle these important
matters? The financial matters? The medical decisions? Preparing a few simple
documents can put to rest all of these concerns. Having a Living Will, a Durable
Power of Attorney, and Medical Durable Power of Attorney, in addition to a Will,
combine to form a powerful set of documents that protect and provide for the
future. Below is a brief description of each. If you would like David A. Pernick.
to draft these documents for you and your family, please contact Mr. Pernick
Living Will
This is a legal document in which you state what medical treatment you want
offered and what you want withheld. It is called a Living Will because it takes
effect while you are still living. In the event you should suffer an
irreversible coma or face “imminent death” from a terminal illness, the
Living Will allows you to speak now, in preparation for a time when you will be
unable to speak for yourself. This, when done with a Medical Durable Power of
Attorney, will ensure that your “best interests” are carried out.
Durable Power of Attorney
A Durable Power of Attorney is a document that when properly executed will allow
an agent to act on your behalf. A Durable Power of Attorney for finances is a
simple and reliable way to arrange for someone that you trust to make your
financial decisions should you become unable to do so yourself. It’s also an
essential thing to do for your family and loved ones. If you become
incapacitated, the Durable Power of Attorney will likely seem like a brilliant
idea to your loved ones.
If you do not have a Durable Power of Attorney, a court proceeding will be
required to give your loved ones authority over your financial affairs. This can
be an expensive and public process. Many married couples think that they do not
need such a document because everything is in both names. The truth is that your
spouse has limits on his/her ability to deal with affairs, particularly on the
selling of property owned by both of you.
Medical Durable Power of Attorney or
Healthcare Proxy
This document allows you to appoint someone to ensure that health care providers
give you the medical care you want and withhold the care you do not want. This
document is a signed, dated and witnessed document authorizing another person to
make your medical decisions if you are incapacitated and unable to do so
yourself.
Will
When someone dies, someone has to take care of all pending matters, such paying
bills and making final arrangements. A will not only handles these matters, but
also allows you to distribute your assets and personal belongings to whomever
you choose.
Without a properly executed Will, state law will determine what happens to
your assets as well as who will care for your children.
Please contact Mr. Pernick to begin the process of creating you a Will that will serve
your current and future needs.