An estate plan addresses two critically important areas: (1) incapacity and; (2) death.
With respect to incapacity, many people become incapacitated regardless of their age, health and wealth. For example, a person can be rendered incapacitated by a slip and fall, car accident, heart attack, allergic reaction, disease, criminal act, old age and so on. If you become incapacitated with an estate plan, then a conservatorship of the person and the estate will likely be avoided. In a conservatorship, the probate court can authorize another person called a “conservator” to provide for another person’s health, maintenance and support (“conservator of the person”). The court can also have the conservator handle the financial affairs of another (called a conservator of the estate).
A conservatorship is time consuming and expensive and open for the world to see. An estate plan can avoid a conservatorship.
With respect to death, it’s certain that you will die. You could die today, tomorrow or fifty-years from now. You simply do not know. By contacting Matthew W. Harris today, you can begin the process of creating your very own estate plan to provide protection in the event of your possible incapacity and certain death.