Planning For Incapacity
An unforeseen medical event — such as a stroke or heart attack — or a serious injury in an auto accident could leave your loved ones in a difficult situation. Who will be able to make medical decisions on your behalf? Could your spouse or children access accounts to continue paying bills?
These questions expose the weakness of a simple will. A will only kicks in after you have passed away. Without proper documents in place loved ones could be forced to go to court to seek a conservatorship to make medical decisions and handle finances on your behalf.
At The Law Office of Matthew C. Yu in Torrance, we can help you create an estate plan that includes durable powers of attorney and health care directives. Our lawyers will also ensure that you know how these documents work together, so you can explain them to any loved ones you have named as an agent. From our office in Torrance, we have helped individuals and families throughout the South Bay, including Manhattan Beach, Redondo Beach and Rolling Hills.
Advance Medical Directives
The right documents can eliminate one point of stress as loved ones try to ensure you receive proper medical care that you would have wanted. There are two things that make up a California health care directive:
- A durable power of attorney for health care appoints a trusted person who will step in when you cannot make health care decisions (an agent).
- Medical treatment wishes can be expressed in a living will.
Our experienced attorneys can help you select an appropriate agent and discuss medical treatment preferences. Once we know your wishes, we will draft an individualized document for you.
Financial Power Of Attorney
A financial power of attorney authorizes another person to step in and handle your finances when you can no longer make sound decisions.
In an emergency situation, a loved one will be able to pay bills, watch investments and collect income for you. This may also allow family to step in to stop financial exploitation of an elderly loved one.