Dental Lasers vs. Litigation: Estate Planning and Dental Care Comparisons
Proper orientation of the patient is key before dental laser surgeries are performed. The same is true for the preparation of the will. Before lengthy court disputes or costly laser dental procedures, the individual has the option of learning the essentials and implementing the best options for her needs.
Estate planning services provide clients with the opportunity to learn more about the options available to them. Dental care does the same. However, many of the essential elements of dental care are well known, even being taught in schools and public health programs. Seldom are the financial keys to success like parts of an estate plan taught to children and even adults. The lucky group that learns of their opportunities through research, education, or relationships benefits by being able to make more informed decisions.
Notable school and nonprofit programs are working to make financial education for children as rudimentary and available as dental care guidance. If you missed that part of your school’s curriculum, here are some basics to brush up on.
Basic parts of an estate plan:
Will
A will is a legal way of dealing with your life’s assets: to decide who you would like to have them at the time of your death. Not creating your own will leaves estate planning, the distribution of your life’s assets, to the state rather than your own preferences. Assets to be considered include: insurance, real estate investments, businesses, and retirement funds.
Legal power
Often referenced on prime-time television shows and health care-related programs, a power of attorney is responsible for making financial, estate, and other key decisions on behalf of a person when they can no longer do so for themselves. The range of decision-making power can be specialized and limited.
health care proxy
Health care power of attorney refers to power of attorney related to medical matters. If you are unable to communicate and make decisions about your health care, this person will have the ability to carry out your wishes.
Confidence
A trust is an option that some say is underutilized because of the benefits that come with it. Those benefits relate to the amount of power the person creating your will may have when it comes to preventing future litigation, costs, and some taxes. With a trust, for some distribution of assets, you can avoid probate court. And that also means preventing certain delays and eliminating costs. Additionally, some trusts allow additional protection against creditors.
Surgeries involving dental lasers can be the consequence of multiple dental care errors. Reducing the need for intervention has been done through proper education. With financial and estate planning information, a similar feat can be accomplished.