Everyone needs an estate plan, because part of planning is ensuring you have named agents to speak for you in case you are injured or not able to speak for yourself. The size of your estate is not a factor in deciding whether you need a plan.
Estate planning includes lifetime planning and planning for your eventual passing. Estate planning provides the “who, how, when, where, and why” if you become incapable of making your own decisions or when you die.
Most people think if they end up in the hospital, their mom or dad, husband or wife will have the authority to make medical decisions for them. Not true. You need to sign a power of attorney in order to give someone else the authority to speak for you if you are incapacitated.
Every state has their own unique rules for how families and individuals can plan for the future needs of those important to the. Alaska estate planning law differs from the rules in say, Illinois, or Florida. Don’t assume you know the rules. Put the knowledge and expertise of an experienced Alaska Estate Planning Attorney to work for you. At the Law Office of Constance A. Aschenbrenner, we are on a mission to strengthen the future of Alaska residents – one client at a time.
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Like regular appointments with doctors, your estate plan needs to be visited regularly, to make sure all is in order. Annual updates about significant life events are a must. Keeping your plan current is much easier than having to do a comprehensive overhaul. Sign up for our newsletter to get information about life events and decisions that can shape your life.
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