Stuck at Home – Review Your Estate Plan

The Coronavirus and resulting stay at home order leaves many of us with time on our hands and attorney Richard Agins says this is the prefect time to update all important estate planning documents, especially your health care documents.

Let’s begin with the healthcare power of attorney. This should be a person you trust to make all your health care decisions should you become physically or mentally incapacitated.

Then there is the advance healthcare directive, which explains what kind of measures you want or don’t want taken to keep you alive.

In both cases you should consider some COVD-specific circumstances. For instance, you may not want to be intubated, but a respirator is standard treatment for seriously-ill coronavirus patients.

And because most hospitals now ban visitors, your healthcare power of attorney must be able to speak to your doctors remotely using Facetime or Skype, for example.

Nest if the durable financial power of attorney. This person will make financial decisions for you if you are unable and like the healthcare power of attorney, you’ll want to make sure they can execute all your business transactions online.

Finally, your Will and/or Trust documents need to be up to date. Life happens and relationships change. You want to make sure the people who inherit your assets are the right ones.

Attorney Richard Agins can help with these or any other estate planning matters, He’s available by phone or email, or you can visit his website at www.aginslawfirm.com