Alert from Nelson Mullins' Private Wealth Services Group

Nelson Mullins Riley & Scarborough LLP

The COVID-19 outbreak has changed the world in unprecedented ways. Now more than ever, it is important to make sure that you and your loved ones have a complete estate plan in place. We recommend that you take this time to do the following: 

  • Ensure that you have access to your estate planning documents and that they are up to date;
  • Review your will and trust to make sure that each document accurately sets forth your intentions; and
  • It is perhaps even most important to have up-to-date Durable Powers of Attorney, Medical Powers of Attorney and Living Wills. These documents allow you to appoint an agent to manage and administer your finances and to make decisions with respect to your healthcare in the event of incapacity.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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