The Makofsky Minute - A 2017 Resolution - Makofsky Valente Law Group, P.C.

A 2017 Resolution

February 7, 2017

The beginning of a new year is always a good time to evaluate and renew your goals. Not simply getting to the gym more often, but also reviewing your finances and estate plan to be sure that your loved ones are provided for in the event of an unfortunate circumstance.

A good question to ask is whether plans are in place to help loved ones handle an unfortunate circumstance with as much ease as possible.

There are certain key documents available to help in the case of such events:

  • A Power of Attorney provides the designated agent with authority to handle your finances and pay your bills, which is important if you become incapacitated.
  • A Health Care Proxy enables you to designate someone to make medical decisions for you if you are unable to make your own decisions.
  • A Will directs how assets are distributed at death. Some Wills are simple and others are more complex, but everyone needs one to assure that those you love are protected and that their last wishes are followed.

Without these documents in place, loved ones may have a difficult time trying to manage finances and make medical decisions for you in the event of incapacity.

Now is a good time to come in to talk about estate planning for you and your family. Taking care of the things that matter brings peace of mind. And then you can allow yourself to enjoy life a bit more!

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