Other Estate Planning

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DONT FORGET THE OTHER ITEMS TO KEEP YOU & YOUR FAMILY SAFE

Advance Health Care Directives

Advance health care directives are written instructions that tell others how you want your health care managed when you are not able to do so yourself. You appoint someone to make health care decisions for you in the event you are unable to do so yourself in a valid legal document.

Most healthcare providers will require this form if you need to make medical decisions on behalf of a loved one. In Nevada, this document usually needs to be notarized or witnesses by two disinterested parties.

 

Financial Power of Attorney

A durable power of attorney allows you to appoint someone to manage your assets if you become incapacitated. You should only appoint someone you trust. This document needs to be notarized for most third parties to accept its validity.

The person you appoint can have broad powers to act for you, but should at a minimum have the following powers:

  • Manage and transfer your assets
  • Handle Legal Matters
  • Pay taxes and deal with the IRS

 

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