Anyone of legal age can plan an estate. Even those living in Alabama, but who are not U.S. citizens, can make estate planning decisions, although they may come up against some challenges. The United States treats residents who aren't citizens similarly to citizens. However, nonresident aliens will see a difference when it comes to the tax treatment of their estates.
Planning in life is often essential. But planning for death is equally as important, especially when it comes to family members and loved ones. Dying in Alabama without definitive estate planning can make family members' grief even more stressful when they learn they've been left with the burden of having a loved one's estate go through intestate succession.
Very few people like to plan for the future, especially when that involves planning for the unexpected. Those are the things involved in estate planning. Alabama residents who have an all-encompassing estate plan have included naming a person as executor of their wills. But, what exactly does that person do and when? In a nutshell, an executor looks after getting a deceased person's possessions to the people to whom he or she left them after the person has died, as instructed in a will.
Ensuring a power of attorney actually has the power for which he or she has been named is crucial. Good estate planning will make sure that any individuals Alabama residents name as a power of attorney. These individuals have the legal power to make decisions for an individual when that person can't do so him or herself. But there are certain things that should be in place to make sure a POA can act as the individual naming him or her would wish.