Wills and Power of Attorney
A Will is very important for common-law couples as they have little rights to the other’s property upon death without being married. A Will can make sure you decide, rather than the government, as to who will receive an inheritance from you, and can save on taxes. You can also appoint a guardian for your children.
There are two types of Powers of Attorney: Financial/Property and Personal Care. A Power of Attorney is sometimes called a “Living Will” as it appoints a person to make decisions on your behalf when you are incapacitated like when you are in the hospital for a lengthy time, etc.
The Power of Attorney you appoint can make financial decisions on your behalf, including selling your house, if you appoint them for Financial/Property. They can decide on medical procedures, including whether you remain on life support if you appoint them for Personal Care.
Lisa DeLong or Danica Maslov can help you prepare these documents so you feel secure that your wishes will be abided by in the future.