Jonathan D.Watson              256.599.4113
                         ATTORNEY AT LAW                                                                                jwatson @jwatsonlaw.com

                                                                                                                                  517 Bank Street, NE, Ste. D
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Estate Planning - Last Will, Living Will, & Power of Attorney
Planning for death is a sombering, but necessary experience.  The importance of ensuring that those we leave behind are properly cared-for cannot be overstated.  And, planning for the future does not need to be a depressing or costly process.  Jonathan D. Watson assists dozens of people each year in these efforts.

Effective Planning: The Documents Every Person Needs

Effective estate planning normally involves three different documents.  Each serves a distinct and vital purpose:

Last Will and Testament

A Last Will is used to direct your assets, property, and monies to others upon the event of your death.  This is a simple concept to understand, and most people have had an experience with a Will, either their own or someone else's.  Despite the ease of understanding a Will's function, a lawyer is needed to ensure your Will does what you want.  Specific and particular wording is required to achieve the exact dispersal you want at your passing.  And, to be effective, numerous formalities must be followed when the Will is executed. 

Advance Directive / Living Will

An Advance Directive (i.e., "Living Will") empowers you to dicate the health care you will receive should you become terminally ill, terminally injured, or unconscious and unable to speak or communicate (for example, a coma).  Most people do not want to be kept alive for years upon years via machines.  An Advance Directive allows you control over these end-of-life situations.  Regardless of your age or your wealth-status, Mr. Watson recommends every adult have an Advance Directive.

Power of Attorney

A General Durable Power of Attorney is a document that will allow another person to act on your behalf.  The power you give can be very broad or very narrow.  For example, past clients have executed a power of attorney allowing a family-member to manage their bank accounts while they worked overseas.  Spouses often execute a power of attorney so that the other can act on his or her behalf if or when a tragedy occurs.  There are a myriad of reasons for utilizing a power of attorney: convenience, avoiding a guardianship through a probate court, peace of mind, and more.

Three Most Common Problems with Wills

# 1 | Outdated Will
If your Last Will was drafted in 1984 before you had children and before you bought your new home, then you must update it.  Most wills are not written to accomodate those types of momentous changes.  A good rule of hand is, if you marry or divorce, have a child, buy a new piece of real property, or a death occurs that may effect your will, speak with an attorney.

# 2 | Improperly Formalized Will
Alabama law requires certain types of witnesses and others be present at the execution of the will.  Problems often arise when individuals attempt to execute their own wills.  And, these problems likely won't be recognized until the person dies and the family attempts to probate the will.

# 3 | Ineffective Wording of Will
Many people attempt to draft their own wills.  Oftentimes, their attempts, though done with good intentions, do not effectively achieve the results they desire.
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 Frequently Asked Questions

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               Jonathan D. Watson                    Contact Jonathan D. Watson, Attorney at Law:
               Attorney at Law                            Tel: (256) 599.4113                                                          
               123 Lee Street, N.E.                    Fax: (844) 740.6037
               Suite A                                         jwatson@jwatsonlaw.com
               Decatur, Alabama 35601             www.jwatsonlaw.com
    
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The information on this website is not intended to constitute legal advice from a lawyer and should not be used as a substitute for the advice of a licensed attorney; the information on this website should not be construed to form an attorney-client relationship.  Choosing an attorney is an important decision and should be given careful consideration.  Pursuant to Rule 7.2 of the Alabama Rules of Professional Conduct, no representation is made that the quality of legal services to be performed is greater than the quality of legal services performed by other lawyers.  For more information, please see our Disclaimers/Disclosures and/or contact Jonathan D. Watson, Attorney at Law, at his Decatur, Alabama office.

Content copyright 2013. Jonathan D. Watson, Attorney at Law. All rights reserved.

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