Life insurance planning is only part of the process of preparing for the future of those you love when you are no longer in the picture. Having a living will and power of attorney (P.O.A) in place is also an important part of retirement planning.
A living will outlines your wishes for end-of-life medical decisions and a P.O.A grants authority to another person to make medical decisions on your behalf if you become incapacitated. With these documents in place, you can ensure that your wishes are followed and that important decisions can be made quickly and in your best interests.
Without these documents and proper life insurance and estate planning, there is potential for conflict and confusion amongst family members, who may not agree on how to proceed with your final wishes.
It's important to work with a qualify attorney and insurance professional to start the planning process. If you don't have an attorney and want to start the process, you might consider this visiting this website. If you are considering life insurance or estate planning, reach out to us today, you'll be glad you did.