Common Estate Planning Documents

  A revocable living trust allows an individual or couple to transfer assets into a trust during their lifetime, with the flexibility to modify or revoke it at any time. After death, assets can be distributed to beneficiaries immediately or over time, bypassing probate for a private and efficient transfer. 

 A last will and testament is a legal document that specifies how a person's assets are distributed after death, names guardians for minor children, and appoints a personal representative to carry out their wishes. If used, the will must be admitted to probate. 

 An enhanced life estate deed, also known as a Lady Bird deed, allows a property owner to retain control over their property during their lifetime while designating beneficiaries to receive the property upon their death. It avoids probate and offers flexibility, as the owner can modify or revoke the deed at any time. 

A durable financial power of attorney  authorizes an agent to handle financial matters if the individual becomes incapacitated.  It helps to prevent the need for a probate conservatorship. 

 A patient advocate designation with an advance directive allows an individual to appoint someone to make healthcare decisions if they become unable to do so while outlining medical treatment preferences. It helps prevent the need for a probate guardianship.  

 A funeral representative designation allows an individual to appoint someone to make funeral and burial arrangements on their behalf after death. This legal document provides clarity to family members during a difficult time.  

A certificate of trust is evidence of the trustee's authority to manage trust assets. Banks, title companies, and others may need this document before granting access to trust accounts or property. 

 A power of attorney delegating power of parental consent  lets a parent temporarily give another adult the authority to make important decisions for their child, like medical care and school matters. It’s helpful for parents who will be away for a while, ensuring a trusted person can care for the child without legal complications.