With a surgery looming, you may be thinking about whether or not you need to create an estate plan. The answer is a resounding “yes!” An estate plan can provide you with many benefits. The peace of mind that comes with knowing you have a Plan Before a Surgery and your affairs are in order.
Stop Procrastinating and Create Your Estate Plan Before Surgery
Still not convinced that you need to prepare your estate plan before you undergo surgery? The following are four important reasons why creating an estate plan is so important:
- During or after your surgery, your doctors may need to call upon someone to make important decisions about your care. This may include especially difficult decisions about such treatment as life support, artificial nutrition, and hydration. Having an Advanced Directive in place makes it easy for the doctor to speak with the individual that you have deemed responsible for making these crucial choices.
- During or after your surgery, someone may need access to your financial affairs, and you may be unable to give consent to the bank or other financial institution. Having an up-to-date durable power of attorney in place gives another individual this power. It should be accepted and honored by most banks and financial institutions without difficulty.
- Unfortunately, there is always a risk associated with any surgery. If you pass away during a procedure, having a valid will in place at the time will help to ensure that your assets will pass to the people that you intended. In addition, you can name the person who should be in charge of administering the estate, as well as the person who you would like to be legal guardian of any minor children.
- Similarly, if you were to pass away, your loved ones may have to go through the probate administration process in order to access and distribute your assets. This can be avoided with proper estate planning. Creating a living trust is an excellent way to avoid the need for probate.
In many ways, creating an estate plan before your surgery is to help your loved ones should something happen to you. It is also done to ensure that your wishes are carried out in the event that you are unable to make decisions for yourself. We encourage you not to delay.The peace of mind that comes with knowing you have a Plan Before a Surgery and your affairs are in order. Send us an email today for more information.