A large part of estate planning is planning for life circumstances during which you may need help from the people you trust the most.
Having a trusted person named in legal documents to handle financial matters is the best way to ensure that life runs as smoothly as possible during crisis situations, such as an illness or injury.
You may also need help with financial matters if you develop a debilitating condition that makes it difficult for you to manage routine financial tasks, such as writing checks or going to the bank. The time to make sure that your estate planning documents will protect you if an accident or illness does occur is when you are still operating at your best.
Review your estate planning documents regularly to make sure that you are protected, and that your preferences are clear.