Types of Estate Planning Documents
2 / 2
Estate planning is the process of organizing your affairs in a way that will help protect your assets and provide for your loved ones after your death. There are several types of estate planning documents that can be used to achieve these goals, including:
Wills: A will is a legal document that outlines how you want your assets to be distributed after your death. It can also be used to appoint a guardian for minor children and name an executor to manage the distribution of your assets.
Trusts: A trust is a legal arrangement in which a trustee holds and manages assets for the benefit of one or more beneficiaries. There are several types of trusts that can be used for estate planning, including revocable living trusts, irrevocable trusts, and charitable trusts.
Durable powers of attorney: A durable power of attorney is a legal document that allows you to appoint someone to manage your financial affairs if you are unable to do so due to illness or injury.
Advance healthcare directives: An advance healthcare directive is a legal document that allows you to express your wishes regarding medical treatment in the event that you are unable to make decisions for yourself.
An estate litigation lawyer can help you navigate the estate planning process and ensure that your documents are properly prepared and executed. They can also provide guidance on the best types of documents for your specific needs and goals.
If you are in need of legal assistance with estate planning, we encourage you to call Doucet Co., LPA at (888) 200-9824. Our attorneys have extensive experience in estate law and can provide the guidance you need.