Estate Planning Documents

Estate Planning Documents

Yes, you need all of these!

At first glance, Estate Planning documents can be confusing. The difficulty arises because each document is called by various names and they sound very similar.

Each document has its distinct purpose and function, and once these are understood, the concepts are not that difficult.

Estate Planning documents are used after death, but also during life. If you become incapacitated, or if you merely want someone else to manage your affairs, such as when traveling, a properly planned estate can make life much easier.

The basic documents are:
• Revocable Trust also known as a Living Trust
• Last Will and Testament also known as a Pour-Over Will
• Certification of Trust
• Financial Power of Attorney
• Advance Health Care Directive
• Nomination of Conservator
• Nomination of Guardian for a Minor
• Schedule of Assets
• Transfer Documents such as Deeds and Assignments