Understanding Karen's Estate Planning Goals
Explanation:
When Karen visited her attorney to discuss her estate planning goals, one of the main objectives was to give her husband, Teddy, the ability to gift her assets to himself after her death. To achieve this goal, the most appropriate document to use is a Power of Appointment. This legal instrument empowers Teddy to make decisions regarding the distribution of Karen's assets in accordance with her wishes.
Side Instructional Letter can be utilized to clarify Karen's burial wishes, ensuring that her final arrangements are carried out as desired. The Do Not Resuscitate order serves the purpose of denying the use of artificial breathing machines in the event of Karen being terminally ill, aligning with her end-of-life preferences.
Additionally, the Last Will and Testament is essential for directing the care of Karen's minor child, Josh, in case of her demise. This document outlines the guardianship arrangements and financial provisions for Josh's future well-being. A Power of Attorney for Health Care can also be established to appoint someone to make medical decisions on Karen's behalf if she becomes incapacitated.