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Estate Planning Documents Can Help Provide Peace of Mind

Smith, Barden, & Wells Team

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About Estate Planning Documents Can Help Provide Peace of Mind
Estate Planning

Smith, Barden & Wells

Estate Planning Documents Can Help Provide Peace of Mind

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  • 1:24 min

Estate Planning
  • 1:24 min

Importance of a Will

A Will ensures that your final wishes are followed and your assets go to those you have chosen. Without a Will, your assets will be distributed as directed by the code of Virginia. This can significantly alter the outcome you may have desired, especially in blended family situations.

Durable Power of Attorney

A Durable Power of Attorney, or POA, allows you to select a trusted individual to safeguard your assets and act on your behalf in financial matters in the event you become incapacitated for any reason. This can be critical for small business owners, for example, who cannot afford to be without a continuity plan if they find themselves unable to make decisions about the business.

Advanced Medical Directive

An Advanced Medical Directive, or AMD, allows you to select a trusted individual who will act on your behalf for any medical care decisions and decisions about end of life care that you are unable to make for yourself. Having an AMD in place is especially important now that restricted visitor access to hospitals may make it difficult for anyone not specifically authorized to gain access to your doctor to assist with these decisions.

Disclaimer: This blog/website is made available by Smith, Barden & Wells, PC for educational purposes only, as well as to give you general information and a general understanding of the law, not to provide specific legal advice. By using this blog/website, you understand that there is no attorney-client relationship between you and Smith, Barden & Wells, PC. This blog/website should not be used as a substitute for competent legal advice from a licensed professional attorney in your jurisdiction.

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Estate Planning Documents Can Help Provide Peace of Mind

Estate Planning

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