What's in an Estate Plan?
Will: Public distribution of assets through Probate Court.
Basic Trust: Private distribution of assets without Probate Court.
Advanced Trusts: Same as a basic trust, with additional terms such as for asset protection.
Advance Directives: Healthcare and end-of-life decisions, comprised of a Healthcare Power of Attorney and/or a Living Will
Financial Power of Attorney: Sometimes called a “Durable” power of attorney.
Transfer on Death Designation Affidavit: Transfer of real estate to a person or trust after owner passes, to avoid probate.
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