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The documents used in the estate planning process will ultimately determine how your estate is administered. To say that these documents must be completed properly would be an understatement. This section provides information on what documents are typically involved, which forms to avoid and explanations of key concepts such as wills, trusts, powers of attorney and probate and provides answers to some frequently asked questions.
What about ‘fill-in the blanks’ do it yourself will forms?
Some thoughts to keep in mind before filing out "fill-in-the-blanks” forms: (1) Fill-in-the-blank forms vary widely. Too many are just plain awful, so make sure you only use one that ...
How is a trust helpful in estate planning?
A Trust, if properly drawn and funded, can be extremely helpful in many situations such as: (1) To avoid a conservatorship. If property is held in a Trust, a successor ...
What is a will, and who should have one?
A Will is a written document, often prepared with the help of an attorney, which nominates Guardians for minor children, if any, names a Personal Representative (and often alternates as ...
What are some typical estate planning documents?
Several of the following documents are typically used as part of the estate planning process:(1) A Will, sometimes called a "Last Will and Testament", to transfer property you hold in ...
What are self-probating wills?
A Will is called "self-probating" when affidavits of the witnesses who saw the deceased sign the Will are attached to the Will. The affidavits (written statements made under oath) are ...
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