Last Will and Testament:
• A legal document that outlines how you want your assets and property to be
distributed after your death.
• Allows you to appoint an executor to manage your estate and a guardian for
minor children if needed.
• May include specific requests, instructions for funeral arrangements, and
provisions for pets.
Revocable Living Trust:
• A trust created during your lifetime to hold and manage your assets.
• Allows you to retain control of your assets while alive and provides for the
distribution of assets to beneficiaries upon your death without the need for
probate.
• Can include instructions for managing assets during incapacity and after death.
Durable Power of Attorney:
• A legal document that appoints someone to make financial and legal
decisions on your behalf if you become incapacitated.
• Allows your designated agent (attorney-in-fact) to manage your financial
affairs, pay bills, file taxes, and make financial decisions.
Healthcare Power of Attorney (Healthcare Proxy):
• Authorizes someone to make medical decisions on your behalf if you are
unable to do so due to incapacity.
• Allows your designated agent to communicate with healthcare providers,
consent to medical treatments, and make end-of-life decisions.
Living Will (Advance Directive):
• A document that expresses your wishes regarding medical treatment and
end-of-life care in the event you are unable to communicate your
preferences.
• Specifies whether you want life-sustaining treatments, such as artificial
hydration and nutrition, if you are in a terminal condition or persistent
vegetative state.
HIPAA Authorization:
• Allows designated individuals to access your protected health information
(PHI) under the Health Insurance Portability and Accountability Act
(HIPAA).
• Ensures that your healthcare agents and other trusted individuals can
obtain medical records and information necessary to make informed
decisions about your care.
Letter of Intent:
• A non-binding document that provides additional guidance and
instructions to your executor, trustee, or beneficiaries.
• Can include details about personal preferences, burial or funeral wishes,
and explanations for decisions made in the estate planning documents.
Beneficiary Designations:
• Designates beneficiaries for assets that pass outside of probate, such as
life insurance policies, retirement accounts, and payable-on-death (POD)
accounts.
• Ensure that these assets are distributed according to your wishes directly
to the designated beneficiaries.
Guardianship Designations:
• Designates guardians for minor children in the event of your death or
incapacity.
• Specify who will be responsible for the care and upbringing of your
children if you are unable to fulfill that role.
Trustee Designations:
• Appoints trustees to manage assets held in trust and distribute them to
beneficiaries according to the terms of the trust document.
• Ensures that assets are managed and distributed in accordance with your
wishes and the best interests of the beneficiaries.
Purchase Agreement (Sales Contract):
• A purchase agreement is a legally binding contract between a buyer and seller outlining the terms and conditions of a real estate transaction. It includes details
such as the property's purchase price, financing terms, contingencies, and the
closing date.
Residential Lease Agreement:
• A lease agreement is a contract between a landlord and a tenant outlining the
terms and conditions of a rental property. It includes details such as the lease
term, rent amount, security deposit, and rules for occupancy.
Eviction Notice:
• A formal written notice issued by a landlord to a tenant instructing them to
vacate the rental property within a specified period due to a violation of the lease agreement, such as non-payment of rent or breach of lease terms.
Quitclaim Deed:
• A quitclaim deed is a legal document used to transfer ownership or interest in a
property from one party (the grantor) to another (the grantee). Unlike a warranty
deed, a quitclaim deed does not guarantee the grantor's ownership interest in
the property or promise that there are no liens or encumbrances on the property.