WILLS
Wills are important legal documents that outline the wishes pertaining to the distribution of assets and guardianship of minor children. Having a will ensures that upon death execution of all final wishes are met. Wills provide a sense of relief knowing one’s estate and children are protected by the chosen representative or executor rather than the State.
Living Will
A living will, also known as an advance directive, is a document that provides instructions regarding end-of-life care. There are benefits of having a Living will as it allow you to make your own choices about life support and helps prevent confusion. In the unfortunate event that you are unable to make decisions about the type of care you do or do not want a living will communicates your wishes. Without a living will, the laws in your state will determine who will make your health care decisions.
PROBATE
Probate is a legal process where the deceased person debts are settled, and their property’s is transferred and/or distributed by the law to their beneficiaries and heirs. Probate is a process supervised by a probate court that deals with the distribution or transfer of the assets and properties of a deceased person after their death.
Power of Attorney
Power of attorney (POA) is a legal document you use to allow another person to act for you. A POA creates a legal relationship in which you are the principal and the person you appoint is the agent. A Power of Attorney specifies the powers you give and do not give to the agent. In the event that the principal becomes mentally incapacitated a Durable Power of Attorney is a legal procedure that gives authority to a named individual to make important end-of-life decisions, such as whether to end life or to ensure artificial life support.
Codicil
If you have experienced life changes a Codicil to Will is an easy way for you to add and make changes to your existing Will. Adoption, Births, Deaths, Divorces and Marriages, are a few reasons to have a codicil.
Pour over will
A pour-over will is a testamentary device wherein the writer of a will creates a trust, and decrees in the will that the property in his or her estate at the time of his or her death shall be distributed to the Trustee of the trust.