Depending on the exact estate in question various different types of legal devices could be utilized. In this presentation we are going to look at the core components of a basic estate plan.
25. With a health care proxy or durable power of
attorney for health care you empower an agent to
make medical decisions in your behalf in the
event of your incapacitation.
27. If you were to become unable to make
financial decisions,
who would handle your affairs?
28. Through the execution of a durable
financial power of attorney you
answer this question as you empower
an agent to act in your behalf should
it become necessary.