Simple Will versus Power of Attorney

A simple will is a legal document that explains how your property and assets will be distributed after your death. It also names an executor to carry out your wishes. Simple wills are ideal for individuals with straightforward estates who want to ensure their property goes to the right people without complicated trusts or estate planning.

A Power of Attorney (POA) is a document that lets someone you trust act on your behalf while you are alive. Depending on the type of POA, this can include managing financial matters, paying bills, or making healthcare decisions. A POA ensures that your affairs are handled according to your wishes if you become unable to make decisions for yourself.

Creating a Simple Will and Power of Attorney

To create a valid will in Indiana, it must be in writing, signed by you, and witnessed by at least two people who are not beneficiaries. Keeping your will updated and stored safely ensures your wishes are recognized and reduces the chance of disputes.

To create a valid POA, the document must be in writing, signed, and notarized. Some types of POA may also require witnesses. Choosing a trustworthy agent and clearly specifying the powers granted will ensure your POA is legally enforceable and respected by financial institutions and healthcare providers.

The attorneys at Davis Disability Group are ready to assist you in creating these essential documents so your wishes are protected. With our flat fee system, you can plan your estate confidently and affordably.