Without naming a Guardian, a judge will decide who will have custody and control of your children and their inheritance. Naturally, you want to ensure your kiddos go to the person you trust the most. If you wish to avoid custody battles between family members, you should plan your estate.
Suppose you bought a house or car that you want to remain in the family when you pass away. No biggie! After some time in public court, your assets and bank accounts may finally be accessible to the right person. Or maybe not. If you want to avoid uncertainty, you should plan your estate.
Asking "who has the power" may sound like a silly question initially. However, suppose you become incapacitated for any reason. In that case, you need to have someone you trust appointed to make medical and financial decisions on your behalf. Needless to say, you should plan your estate.
Also called a Will, this document dictates debt arrangements and asset distribution at death. Your Will is also crucial for naming a guardian for minor children and a personal representative (executor) to oversee the settlement of your estate.
Or Revocable Living Trust is a document often paired with your Will to minimize court proceedings and public records. Certain assets and funds are distributed through your Trust instead of your Will to avoid probate court and maintain privacy.
"HIPAA" is the Health Insurance Portability and Accountability Act of 1996. This federal law protects your private medical and mental health information. Your HIPAA Authorization designates a person or party that may receive access to your confidential medical and mental health information.
This document names and authorizes those responsible for making financial decisions and transactions if you are incapacitated.
Or a Health Care Power of Attorney is a document that names a person to make healthcare decisions if incapacitated.
Also called Advance Directive instructs your physicians and loved ones whether to keep you alive or not if you are permanently unconscious or have a terminal condition.
No, we are not a law firm, but we did begin from one. In 2012, Hargrove Madden, a Kentucky-based law firm, launched a new platform for delivering online estate planning services. That same year NetLaw launched as a separate and new technology company after receiving an award from the American Bar Association for our online delivery of lawyer-backed products.
NetLaw has nearly a decade of estate planning experience and has served over 100,000 consumers looking for an easy and affordable online product. In addition, we supply documents drafted by actual attorneys from every state in the U.S.