Morris Hall, PLLC

Estate Planning Attorneys

MakePayment with multiple options
CALL NOW: 1 (888) 222-1328
  • Home
  • Our Firm
    • About Morris Hall
    • Attorneys
    • Our Team
    • Morris Hall Core Values
    • Communities We Serve
      • Carefree
      • Flagstaff
      • Mesa
      • Oro Valley
      • Phoenix
      • Prescott
      • Scottsdale
      • Sedona
      • Tucson
    • Career Opportunities
  • Estate Planning Services
    • Advanced Estate Planning
    • Asset Protection
    • Power of Attorney
    • Trust Administration and Probate
    • Wills and Trusts
  • Resources
    • Blog
    • Do I Need an Estate Plan?
    • Elder Law Reports
    • Elder Law Resources
      • Phoenix Elder Law
      • Tucson Elder Law
    • Estate Planning Problems
    • FAQs
    • Probate Resources
      • Probate
      • Flagstaff Probate
      • Phoenix Probate
      • Sedona Probate
      • Tucson Probate
    • Published Books
      • Don’t Go Broke in a Nursing home
      • Tax Free Money for Long-Term Care!
    • Recent Law Changes and Improvements Affecting Arizona
      • Update My Living Trust
    • Reports
    • Videos
    • What to Do When Death Occurs
      • What Not To Do When Someone Dies
      • Who To Contact After A Loved Ones Death
  • Reviews
    • Testimonials
    • Review Us
  • Locations
  • Events
    • Seminars / Webinars
    • Past Webinar Recordings
  • Contact
    • Consultation Policy
    • Contact Us
    • Discounts

Declining Health

declining-healthAnyone facing a chronic health problem or terminal illness can benefit immensely from a comprehensive estate plan and declining health. An estate plan can make your wishes clear in terms of the care you want to receive, who you would want to act on your behalf and almost anything else you would like to prearrange for a scenario in which you lose the ability to express your desires.

With a basic understanding of common estate planning tools, and the help of your Arizona estate planning attorney, you can focus on your health knowing that, should anything happen to you, your decisions will be respected.

A Diverse Estate Planning Tool Chest

Most individuals are familiar with a will — an estate planning tool that names someone to manage your estate and sets the terms for the transfer of property at death. However, many are unaware of how a trust may be used as a tool in an estate plan.

A revocable living trust is an estate planning tool that grants you control over your financial assets while you are alive, but also helps protect those assets after you are gone. In other words, trusts help ensure the property you have worked so hard for ends up where it belongs: with your heirs.

Property is one thing, but what about your decision-making authority? A general power of attorney can designate a person of your choosing to make decisions on your behalf about your financial or legal affairs should you become incapacitated.

For medical decisions— advance health care directives, medical powers of attorney and living wills are appropriate legal instruments. These documents can assign someone to make health care decisions for you should you become incapacitated, and describe the kinds of treatment you would or would not like to receive under specific circumstances.

Finally, every estate plan should take into account the government assistance programs you may — with a proper structuring of your assets — be eligible for. Sometimes known as Medicaid planning, this type of strategy for financing your long term care may save you and your family thousands.

Consult an Arizona Estate Planning Attorney

Everyone should have an estate plan, but if you are suffering from a long-term illness, it is especially important. Remember, should you lose your ability to communicate without an estate plan in place, there is no telling what direction your care and finances could take.

This article should be used for informational purposes only.  It does not create an attorney-client relationship with any reader and should not be construed as legal advice.  If you need legal advice, please contact an attorney in your community who can assess the specifics of your situation.
MH logo

Main Office

7600 N 16th St, Ste 105

Phoenix, AZ 85020

Phone: 602-249-1328

Fax: 602-248-2887

Subscribe to Our Newsletter

For a sample Click Here

Offices

Our law firm proudly serves many areas in Arizona. See all of our locations here.

Our law firm proudly serves the state of Arizona.  See all of our locations here.

Toll Free: 888-222-1328

Mon-Thur: 8:00am – 5:00pm
Fri: 8:00am – 4:00pm

  • Linkedin
  • Twitter
  • Facebook
  • Youtube
  • Instagram

Need an Estate Planning Lawyer in Arizona?

Looking for an estate planning attorney near you? We have office locations in Phoenix, Mesa, Chandler, Scottsdale, West Valley, Carefree, Prescott, Sedona, Flagstaff, Tucson, and Oro Valley in Arizona so please visit us at the location that is closest to you.

  • © 2023 American Academy of Estate Planning Attorneys, Inc All rights reserved.
  • Disclaimer