What would happen if you could no longer manage your life?

If you are in a car accident this afternoon that puts you into the hospital in a coma, and you don't wake up for three months, who would you appoint to run your home and your business in your absence?

What would you tell that person, if you could?

If that person was injured in the same accident, who would be your next choice?

If you have not already created the documents to enpower that person to act for you, what are you waiting for?

If not now, when?

CREATE YOUR PLAN STEP BY STEP

• A simple will is a great place to start
• You should also have a durable power of attorney for health care, also called an Advanced Directive
• Next up is a Durable Power of Attorney for Financial Matters
• In order to avoid the expense and delay caused by probating your estate, which means a court supervised transfer of your assets upon your death, you may wish to set up a Revocable Living Trust
• For larger estates, tax planning is in order.  Working with a certified financial planner or CPA, your attorney will draft more sophisticated trusts, business entities and other vehicles in order to ensure that your wishes are carried out.