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Music of latin america. Modern arts Hip hop. Related Books Free with a 30 day trial from Scribd. Dry: A Memoir Augusten Burroughs. Related Audiobooks Free with a 30 day trial from Scribd. A living trust is an estate planning document that places your assets into a trust and designates how the assets will be distributed after your death.
Different types of trusts allow you to manage your estate according to your preferences. Unlike a last will, a trust avoids the probate process , which saves your beneficiaries time and money.
A financial power of attorney financial POA gives a person of your choosing called an agent, attorney-in-fact, or proxy the legal ability to act on your behalf and help manage your financial affairs. With this highly customizable document, you can designate an agent to help with a specific task, like selling property, to take over all of your financial responsibilities should you become incapacitated. A medical power of attorney only takes effect if you become incapacitated. Some states require an advance directive , which combines a medical power of attorney with a living will.
If you wish to donate your organs and tissues to someone in need after your death, you need to register as an organ donor. Organize your important papers such that the right people can access them if you have a medical emergency. Take steps today to ensure you have all the necessary estate planning legal documents to create a comprehensive estate plan and give yourself peace of mind.
Emily Crowley is a staff writer at Legal Templates. Her background in nonprofit motivates her to improve access to legal advice in underserved groups, especially in end-of-life wishes and estate Skip to primary navigation Skip to main content Skip to primary sidebar Skip to footer Many of us have thought about writing a will, but there are several other documents you need to cover all aspects of your end of life wishes.
Plan ahead for yourself and your loved ones and create these essential end of life planning documents today: Attribution: Emily Crowley writer Karin Japardi designer Susan Chai, Esq reviewer End of Life Planning Documents The 9 documents covered in this infographic complement each other to form a comprehensive end of life plan.
Living Will A living will indicates your wishes for end of life medical care if you become unable to communicate. Last Will and Testament A last will and testament indicates how you want to distribute your assets after your death.
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