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Difference between revisions of "Why You Should Consider a Will"
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Why You Should Consider a Will (view source)
Revision as of 00:14, 10 April 2017
, 00:14, 10 April 2017→How is a will different from a power of attorney or representation agreement?
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== How is a will different from a power of attorney or representation agreement? == | == How is a will different from a power of attorney or representation agreement? == | ||
A will takes effect only after you die. A '''power of attorney''' and a '''representation agreement''' are ways to plan for the handling of your affairs '''during your lifetime'''. | A will takes effect only after you die. A '''[[Power of Attorney|power of attorney]]''' and a '''representation agreement''' are ways to plan for the handling of your affairs '''during your lifetime'''. | ||
With a power of attorney, you can give someone the legal power to take care of financial and legal matters for you while you are still alive. With a representation agreement, you can give someone the legal power to take care of health care and personal care matters. | With a power of attorney, you can give someone the legal power to take care of financial and legal matters for you while you are still alive. With a representation agreement, you can give someone the legal power to take care of health care and personal care matters. | ||