5 Things You Must Include During Pre-Planning And Your Living Will

3 March 2015
 Categories: Law, Blog

If you want to make sure your final wishes are carried out in the event that you are left unable to make decisions, there is no easier way to do that than with pre-planning and a living will. This not only helps you ensure you have what you want in the end, but is also a convenience for family members who may be left trying to make decisions on your behalf. While the process may seem pretty cut and dry, it is all too easy to forget to include a few important things in the process. Here are five aspects and professionals that should be involved.

1. Monies Owed - It is not uncommon for people to leave this life and still be owed money from various parties. In the event that you pass away before recouping things and money that you have loaned out, it should be known to your family members so they can collect what is owned. After all, money owed is rightfully your own and should be passed down to your closest family.

2. A Financial Adviser - Even if you do not have a financial adviser in life, it is imperative that you seek the services of one when you are planning for death. An adviser can help you determine actual net worth of your money and property so you can easily distribute your assets accordingly.

3. A Funeral Director - When you are making arrangements for your own funeral, it is imperative that you include a funeral director at some point in the process. This professional will help you ensure all aspects of your final requests are tended to and documented.

4. Liens and Loans - Property in your name may not be rightfully yours because it still has a lien on it from a certain creditor. It is important to take this into account when you are pre-planning your death and creating a will. You do not want to leave someone your home, only for them to discover the home is not even all yours.

5. A Certified Notary - Of all of the professionals you involve in the process, a notary from a firm like Integra Law Group is one that you cannot leave out. Even if you draw all documents together and add your signature, there is no guarantee what you see will be upheld after you are gone. A notarized document is taken seriously and will stand as good as your word.

With a little insight and the right professionals to help you out, tackling your end-of-life plan is easy to accomplish. Make sure you keep these five things in mind as you develop your own arrangements and make your wishes known in concrete, legal form.