What are the estate planning documents I should have?

When considering estate planning in the state of New Mexico, there are a few important documents that you should have. These include a will, Durable Power of Attorney, and a Living Will or Advanced Directive. Having a Will is paramount in ensuring that your intentions for your property and possessions are carried out after your death. A Will is a written document that dictates how your property and possessions should be distributed when you’re gone. This document also appoints an executor, who is responsible for overseeing the division and management of your estate. A Durable Power of Attorney gives someone legal authority to handle your financial and medical affairs on your behalf while you’re still alive. This document can be especially helpful if you become physically or mentally incapacitated and are no longer able to make decisions. Finally, you should also have a Living Will or Advanced Directive. This document allows you to specify your wishes in regards to medical care and life-saving treatments in the event that you’re unable to make decisions due to a terminal illness. Having these documents in place can give you peace of mind that your wishes will be carried out after you’re gone. It’s important to consult with an estate planning attorney to ensure that your documents are properly drafted and legally binding.

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What are the estate planning documents I should have?

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