Estate Planning Documents
What you will find below are six common documents used as part of most estate plans. Click on any link below to immediately begin creating a document designed by lawyers and approved for the state you live in. Once you have opened the link for any document, you can easily scroll down for more information to help you determine if the document will meet your needs.
GoGracefully offers varying degrees of service for accomplishing all the critical aspects of end-of-life planning, as outlined on our About Page under 'Our Method'. Our most fundamental service, the GoGracefully PonoBook, can be purchased to help you create a thorough working plan for material possessions, mental and emotional requirements, and hopefully your spiritual wellbeing, too. If, after you begin working on these documents you discover that you need additional support, please consider one of our services packages such as our complete Personalized Support or the basic Essential Support.
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Advanced Healthcare Directive
An advanced healthcare directive (also known as a living will) allows you to make important end-of-life decisions about your personal healthcare. This is a way for you to put your wishes on record for your family, your heirs, and your health care provider should you become unable to speak for yourself.
Last Will and Testament
A last will and testament—also known as a complete will or legal will—describes how you want your property, accounts, digital assets, child care, and more to be dealt with after your death. You'll also choose an executor to make sure your wishes are carried out.
A living trust allows you to transfer your assets to a separate legal entity in which a grantor grants a property (including money) upon the second party (the trustee), for the benefit of the third party, the beneficiary. While there are many types of trusts that can be created, they are usually used in end-of-life planning as a legal instrument to avoid probate and tax issues. This is done by creating an entirely new entity commonly called a “Trust.”
A pour-over will transfers any not previously transferred property into your living trust. It ensures that all your property is distributed according to your living trust. A pour-over will should only be created if you have previously completed a living trust or joint living trust.
Power of Attorney
Power of attorney gives someone permission to act on your behalf in legal matters. A power of attorney can be general, giving your agent broad power, or giving them power only over specific situations. You can appoint a power of attorney to look after your finances, your business, even your medical choices. Durable means that your power of attorney will be valid even in the event you become incapacitated or mentally incompetent.
Quitclaim deeds are often used to transfer real estate among family members, but it can also be used to relinquish co-owned property, often in the case of divorce. Unlike a warranty deed or grant deed, a quitclaim deed does not guarantee that the property is free of debt or that no one else owns or claims to own the property, which is why it's often used among family members.
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