Estate Planning & Probate FAQ
There are many parts to a estate planning and probate law. It is very important to meet with an attorney to determine what plan is best for you. Many people seek to avoid probate, but they don’t really know what that means. Call Ladas, Hoopes & Mcneill Law Office to schedule an appointment so that we can determine what plan is best for you. If you’ve lost a loved one, and do not know what steps to take, call Ladas, Hoopes & Mcneill Law Office. We can guide you through the legal process.
Common Estate Planning And Probate Questions
What is a Will and do I need to have one?
- A will is a document used to direct who receives your money and assets upon your death.
- You do not need to have a will. The state has a plan for your money if you die without a will. However, you will have no control if you do not have a will.
What is a Power of Attorney?
- There are two types of Powers of Attorney. One is called a Advanced Medical Directive, and directs who will make decisions regarding your health, including whether to end your life.
- The other type is a Durable Power of Attorney regarding your assets. This Power of Attorney is used to avoid guardianships and conservatorships, and gives another individual the power over your money and assets.
- These tools are very powerful and you must completely trust a person to give them these powers.