Preparing an estate plan is seldom easy. It requires you to think about difficult possibilities, including the end of your own life. Many of the decisions you make can benefit your loved ones, not only by providing them with an inheritance, but also by saving them from wondering what your wishes would be. This may also prevent disputes if family members disagree about what you would want.
One important way you provide this comfort to your loved ones is by designating a power of attorney, which grants authority to someone whom you choose to make legal or medical decisions at a time when you may be unable to do so for yourself. If you should become ill or suffer injuries in an accident that leaves you unconscious or unable to communicate, who will make critical decisions on your behalf?