Estate planning can also assist you in identifying a power of attorney who could handle your affairs should you be incapacitated , and creating an advance health care directive to name someone who could make health care decisions if you ’ re unable to do so yourself .
Younger families may choose to focus their estate planning on building a living will and naming guardians and trustees should both parents die unexpectedly , while aging adults focus more on estate planning and Medicaid issues . Whatever your circumstances , it ’ s important to find a legal professional you can build a relationship with and trust with your future .
Setting yourself up to be financially sound could make your golden years exceedingly more enjoyable . Knowing that you and your loved ones will be well cared for makes the time and effort you put into researching and educating yourself on the ins and outs of retirement planning , elder law , and estate planning all worth it . n
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