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Coronavirus (COVID-19): Estate Planning (Health Care Proxy, Power of Attorney, and Will) Essential Considerations

| Mar 31, 2020 | Uncategorized

The COVID-19 crisis is prompting an increasing number of people to establish wills and take care of estate planning. The following provides information with regard to the estate documents you may to consider to prepare yourself, as it relates to your estate plan, and the proper documents you can put in place in the unfortunate event that you are infected with the coronavirus.

First, a health care proxy is an essential piece of any estate plan. You want to be mindful of what may happen in the event that you are unable to make medical decisions for yourself. A health care proxy is an important document that can inform your doctors and family about your preferences, if you are not able to articulate them when they matter most. Additionally, if you are unable to make decisions with regard to your medical care, you may also want to consider a power of attorney, which would allow the individual you designate to handle your financial affairs (among others) should you be unable.

Second, you may also want to consider this as an opportunity to prepare your last will and testament, if you don’t have one yet. The guidance for love ones on how to handle your estate after you pass is invaluable. Moreover, if you have minor children, it is crucial to identify guardians for those minors in your will.

Finally, the Tarantino Law Firm has taken the steps necessary to make this process as convenient as possible for you. Information gathering can be performed via email and all steps related to the review and completion of the documents can be conducted via remote conference. If you have questions with regard to your Estate Plan or any of the documents above, please contact me at [email protected]