By Lane V. Erickson, Idaho Estate Planning Attorney
Having been an estate planning attorney now for 20 years, I firmly believe that every individual can benefit from having a least a basic written estate plan. A basic estate planning includes not only a written last will and testament, but also a durable power of attorney, a living will, and a power of attorney for health care. Most people are familiar with a written last will and testament but most people don’t understand or know what the other basic a documents listed above can do for them. It’s for this reason, that this article is dedicated to discussing why every person should have a durable power of attorney as part of their basic estate plan.
To help you understand how important a durable power of attorney could be for you and your family and loved ones, this article will discuss what a durable power of attorney is, how having one can save your family money, and how having one could possibly save your family from having internal disagreements or fights. Hopefully this article will convince you that you too should create your own durable power of attorney.