Understanding Estate Planning with Durable Power of Attorney
Estate planning is crucial to ensuring your assets are taken care of after you pass away. It involves identifying how you want your assets divided among your loved ones, who you want to manage them, and what happens if you become incapacitated. One of the essential documents to include in your estate plan is the durable power of attorney. It allows you to designate someone to make decisions on your behalf when you can no longer do so.