Proactive Estate Planning by the Hills Bank Wealth Management Group
Durable Financial Powers of Attorney, Medical Powers of Attorney, and Living Wills (sometimes called “Advanced Directives”) help to address your needs during this time. In this article, we will outline these documents because they will allow you control over who will make the important decisions related to your healthcare and financial matters if you are no longer able.
When someone mentions “estate planning,” your initial thought might be of a Last Will & Testament or a trust agreement. Estate planning encompasses more than just a plan for what happens to your assets when you pass away. It also includes documents that control who manages your financial assets and medical decisions if you become incapacitated during your lifetime. More specifically,
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