Most people think estate planning is only for the wealthy investors with complex assets and people with enough capital to set up trust funds for their kids. This couldn't be further from the truth. In fact, everyone should make sure their wishes are respected. 

Estate planning doesn't have to be complex. In fact, many people only need:

• A Will: No matter how many times you've verbally expressed your wishes about the distribution of your assets, those conversations are not enforceable without a written, notarized document. Even if you have a small savings account, retirement funds, or a car, you should prepare a will, so those possessions go to your loved ones after your death.
• Advanced Health Care Directive: If you're unable to make your own health care decisions, an advanced health care directive allows you to provide medical instructions in advance. In this document, you may describe acceptable treatment outcomes, refuse some medical procedures, and even express grooming instructions.
• Powers of Attorney: You might think your spouse can handle your finances or sell your house if you're incapacitated by an injury or unexpected disease, but that's not the case. To give your loved ones the legal authority to act on your behalf, estate planning attorneys recommend preparing durable powers of attorney. These documents can be as narrowly tailored as you need them to be. You could give one to your spouse, empowering them to make health care decisions and another to your business partner.

For over 25 years, Woodlawn Law Offices has been helping O'Fallon residents get their affairs in order with comprehensive estate planning assistance and other legal services. After listening carefully to your situation, their attorneys will identify the best strategy for your needs, prepare your documents, and guide you through the process. Visit the website to learn more about the estate planing services offered, or call (636) 240-6667 for a consultation.