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Commonly Asked Questions about Family Estate Planning Documents

Estate planning covers the transfer of property at death as well as a variety of other personal matters and may or may not involve tax planning. The core document most often associated with this process is your will.
The Estate Planning Must-Haves. Wills and Trusts. Durable Power of Attorney. Beneficiary Designations. Letter of Intent. Healthcare Power of Attorney. Guardianship Designations. Estate Planning FAQs.
These documents include a financial power of attorney, an advance care directive, and a living trust or a last will.
That is estate planningmaking a plan in advance, naming the people or organizations you want to receive the things you own after you die, and taking steps now to make carrying out your plan as easy as possible later. What is Estate Planning? estateplanning.com what-is-estate-planning estateplanning.com what-is-estate-planning
4 Documents Suze Orman Says You Need Will. A will is a legal document that, among other things, outlines where you want your assets to go after you die. Living Revocable Trust. Durable Power of Attorney for Healthcare. Advance Directive.
Get a head-start on planning and follow these 7 easy steps: Take Inventory of Your Estate. First, narrow down what belongs to you. Set a Will in Place. Form a Trust. Consider Your Healthcare Options. Opt for Life Insurance. Store All Important Documents in One Place. Hire an Attorney from Angermeier Rogers.
Common estate planning documents are wills, trusts, powers of attorney, and living wills. Everyone can benefit from having a will, no matter how small their estate or simple their wishes. Online estate planning services offer basic packages for less than $200.