Protect Your Loved Ones with an Estate Plan

When the unexpected happens, the most important thing to do for our loved ones is to make sure they have all they need. While preparing for the unexpected is a task less desired by many, it is necessary. Read on to learn how planning your estate ensures that your loved ones are prepared if you are seriously injured or killed in a disaster.

What is Estate Planning?

An estate is everything you own and estate planning documents entail how you’d like to distribute your possessions and assets. Additionally, these documents inform your loved ones and professional team about who should have custody of your children or pets.

Listed below are the documents that typically make up an estate plan:

Living trust or will: This document names who you would like to receive your possessions and/or assets when you die. It will also appoint a guardian if you have minor children.
Durable power of attorney: This document names the person or entity you would like to pay your bills and manage your finances if you become seriously ill or unable to make these types of decisions.
Health care proxy: This allows you to name an individual you would like to make decisions about your health care when you become ill and are unable to make these types of decisions.
Living will: This document explains the types of medical treatment you may want or don’t want during a time you may not be able to make these types of decisions.
Beneficiary documents: Beneficiaries are persons you name to receive your life insurance benefits, retirement account assets or funds, or certain types of investments if you die.

Working with a lawyer who has extensive experience with estate planning is ideal when you begin planning your estate. Kevin Miller, PC is an attorney in Oklahoma City specializing in estate planning, probate, and elder law for all Oklahomans. He has over 35 years of experience in helping all kinds of individuals and families.

He says, “I firmly believe the greatest gift a person may pass on to his or her family of loved ones is a well thought out and easy to understand estate plan. It can make a world of difference and make matters easier after a loved one has passed.”

Everyone, regardless of age, should plan their estate. If you are in need of an estate planner, contact Kevin L. Miller, PC. With Kevin L. Miller you will experience personalized, professional service in a confidential, welcoming and comfortable environment.

Be there for your family even when you pass. Call (405) 443-5100.