Protecting Your Family and Assets with a Will
In the midst of the coronavirus pandemic, now more than ever it is important to make sure you are prepared for anything that could happen and have an up-to-date will and planned estate. The coronavirus has shown us all just how fragile life can be, and how quickly people’s health and lives can change for the worse. While you may not want to have to think about preparing for potential coronavirus outcomes, drafting your will and the estate is crucial in order to ensure that your life’s earnings are left in the right hands.
A will is a legal document that lists out how you would like your assets to be distributed after your death. Through a living will, you can also dictate the type of treatments you would like to receive for if you were to become so ill that you could not express your preferences at the moment. Any wishes regarding intubation and a ventilator, both of which have been implemented in severe coronavirus cases, can be stated in your living will as well. An advance health care directive will also allow you to designate a health care proxy, who can advocate for you in any health care decisions that you are unable to make for yourself. In this current health crisis, having a will that clearly states how you would like to manage your health and treat an illness is essential. If you pass away without a will, Nevada law will determine who gets your estate. This leaves your family members and loved ones with potentially much less control and access to your property after death.
Plan for Your Future
Planning your estate can be a complicated and overwhelming undertaking, especially during a life-threatening pandemic. An estate attorney can ensure that you properly express your end of life wishes and needs within the legal documents of an estate plan. In a time of great uncertainty about the future, planning your estate can ensure that you and your loved ones secure the future that you want.