Techie Wealth Builders - Tool Kit
The legal documents every adult should have in place. Simply complete the forms and sign in the presence of a notary.
💎Durable Power of Attorney: A durable power of attorney stays effective until the principle dies or until they act to revoke the power they've granted to their agent.
💎A Living Will*: This is a document in which you spell out your medical preferences. It's a set of instructions for how you'd like to be treated if you become unconscious. End-of-life and resuscitation issues; religious objections to specific treatments; medication choices; informed consent and risk assessment; and organ donation are just a few of the most common instructions you can.
💎Health Proxy*: A healthcare proxy is someone to whom a patient delegated medical decision-making authority. An authorized healthcare proxy's decision has the same legal force as if it were made by the patient themselves. A healthcare proxy, as the alternative name implies, is a power of attorney that only applies to medical matters. If you are physically, mentally, or medically incapacitated, it allows this person to make medical decisions on your behalf.
💎A Last Will and Testament: A last will and testament is a legal document that expresses a person's final desires about his or her possessions and dependents. A person's final will and testament specifies what happens to their property, including whether they will be left to another person, a group, or donated to charity, as well as what happens to other items they are responsible for, such as child custody and financial management.
*Your healthcare proxy is unable to override your living will's healthcare treatment wishes.
** The Content is for informational/educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice.