Jeffrey P. Scott & Associates, LLC
Estate Planning Before Vacation
After this year’s brutal winter, it’s difficult to believe that summer is just around the corner. Before you start dreaming about your next vacation, however, it’s important to think about your estate plan.
Why It’s Important to Plan Ahead
Whether you’re planning a road trip close to home or a journey abroad, accidents can happen anywhere. An unexpected illness or injury can have devastating consequences back home. Who will care for your children if you’re injured away from home? What happens if you and your spouse are seriously injured or killed in an accident? What if you become ill or debilitated in a foreign country?
These scenarios demonstrate the importance of having a clear and comprehensive estate plan in place. Even a basic last will and testament can help you protect your loved ones. With a will, you can name a guardian for your minor children. You should also consider creating a health care power of attorney that designates a trusted, responsible individual to make health care decisions on your behalf if you become seriously ill or injured. You can also prepare a financial power of attorney, which allows you to appoint a trusted person to oversee your finances.
Remember that writing your wishes down on a slip of paper won’t hold up in court. Minnesota law has strict requirements regarding legally enforceable estate documents. To protect your family and the property you care about, you need properly prepared legal documents in place before you journey away from home. Knowing that you have a plan in place will give you the peace of mind you need to truly enjoy your vacation.
Minnesota Estate Planning and Probate Law Firm
Call the Minnesota probate and estate planning attorneys at Jeffrey P. Scott & Associates, LLC today our office today to learn more and to discuss your options.
This website has been prepared by Jeffrey P. Scott & Associates, LLC for informational purposes only and does not, and is not intended to, constitute legal advice. The information is not provided in the course of an attorney-client relationship and is not intended to substitute for legal advice from an attorney licensed in your jurisdiction.
