Essential Documents in a Time of Crisis
Correctly prepared essential documents give you the opportunity to make your wishes known to your loved ones from property distribution to healthcare preferences. A properly done trust avoids probate and ensures a smooth transition to your beneficiaries. A Durable Power of Attorney gives a designee the right to act on your behalf should you become incapacitated. A Healthcare directive informs your doctor and loved ones the type of treatment you desire. There’s a lot of decisions to make when preparing essential documents but it’s also an act of love for those left behind.
You’ll learn how to complete a pour-over will, a living trust with supporting documents, a Durable Power of Attorney and a Healthcare Directive. You’ll also learn what to do with these documents once completed.
Start thinking about the property and assets you’d like to include and how you’d like them to be distributed. Identify who you would like to name as your executor.
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