Regardless of your age, the creation and maintenance of a thorough Estate Plan is essential. An Estate Plan ensures that your needs, your family’s needs, and financial goals are met during your lifetime and upon your death. A thorough and comprehensive plan should include a Last Will & Testament, Health Care Proxy, Living Will, and Power of Attorney. For some clients the creation of a Trust is also practical. Through the creation of a Last Will & Testament and/or a Trust you can establish how your assets will be distributed upon your death. Additionally, you can ensure that the financial needs of your children or disabled beneficiaries are met after you pass away by establishing Trusts for their benefit. By creating a Health Care Proxy, you can designate a succession of individuals to make health care decisions on your behalf, if and only if, you are incapable of making them on your own. An Estate Plan would also include the creation of a Power of Attorney, through which you can designate someone to handle your financial matters in the event you become incapable of doing so.