Family and personal Legal Documents

An LGBTQ+ Power of Attorney (PoA) is a legal document that grants a person or organization permission to manage your finances, such as signing contracts, selling real estate, accessing your bank account. The person giving permission is known as the "principal," while the individuals or organizations gaining authority are called the "agents." Designed for everyone, our Power of Attorney can be used in all fifty states. All LGBTQ+ Power of Attorney forms from Rocket Lawyer can be edited to address your unique situation. With this document on hand, your representative(s) will be able to offer proof to financial institutions and other parties that they can legally sign documents or take other actions for you.

A Notice of Death is used to notify a third party that a death has occurred. This Notice can be used to terminate utility services (home phone, gas, electricity, water) in the deceased person's home, remove a name from a charitable organization's mailing list, terminate membership in a club, or terminate a magazine subscription.

An Affidavit of Death is a sworn statement that someone has passed away. This legal document can help you take care of the some of the administrative tasks after someone's passing, like notifying businesses, courts, and agencies of the death. For example, you may need to notify your late spouse's life insurance company about their passing; or perhaps you need to take care of an existing car loan payment or credit card debt. Often, this Affidavit and/or a death certificate are needed to close accounts or receive benefits.

An Affidavit of Heirship is a legal document that allows lawful heirs or someone who knows them to confirm their relationship to the deceased. This affidavit can be used to settle the estate of someone who has died without a Will. Unlike other template websites that you might find, there is much more to Rocket Lawyer than blank PDF forms. If you have questions or concerns related to a loved one's estate, your Rocket Lawyer Premium membership gives you access to support from a lawyer in our network.

A Power of Attorney (POA) is a legal document that gives a trusted person or entity the authority to handle your finances and legal matters, such as signing contracts, selling property, accessing bank accounts. The individual giving control is called the "principal," and the individuals or organizations obtaining powers are known as the "agents."

An Affidavit of Survivorship is a legal document that can be used to claim property that you co-own with a person who has died. If you own joint property with someone who has since passed away an Affidavit of Survivorship helps you invoke your legal rights and take full ownership of the property. Sometimes a court will want more than a death certificate; an Affidavit of Survivorship might help you make a tough situation a little easier after the loss of a spouse, relative, or business partner.

A Durable Power of Attorney is a legal document that allows you to grant someone else the authority to handle legal and financial affairs on your behalf, such as signing contracts, accessing your bank account, and buying or selling property, when you are unable to. A Durable Power of Attorney is "durable" because it endures or remains in effect even if you are incapacitated.

If you and your spouse are planning a will or living trust as a married couple, it may be difficult to know where to start. For new couples, the Rocket Lawyer Estate Planning Worksheet can serve as a comprehensive estate planning checklist to help you get organized. Being married may benefit your estate but it can also complicate the paperwork. Help keep things simple with an Estate Planning Worksheet. When you and your spouse are planning your estate you could probably use some guidance. Is more complex estate planning in order? What are the possible issues? Maybe you're preparing to meet with a tax, financial, or legal advisor. It's a good idea to get as organized as possible. Ensuring you're able to take care of everyone you need to is a big job but a little planning now can help make the process easier. Our worksheet can provide a simple and easy Estate Planning Checklist to help get the conversation started.

A Personal Fact Sheet is a great way to know where your estate stands, or just to organize your personal and financial information. Whatever the reason, create a Personal Fact Sheet to compile and organize all your assets, financial information and more. Although it's not a legal document, using a Personal Fact Sheet is a great way to grasp an overview of all your financial matters. With all of your personal assets and financial information in one place, you'll be more organized and prepared for the future. The final document may be useful to other people too: Your spouse or family member may find the worksheet helpful should you become incapacitated or pass away. Also, should a conservator, executor or agent need to step in to handle your affairs, your Personal Fact Sheet can make their job easier. In your fact sheet, you can include information regarding your assets and liabilities, property information, insurance policies, Advance Health Care Directives, and Wills.

A General Power of Attorney (PoA) is a legal document that gives a trusted individual or organization permission to manage legal and financial matters for you, such as buying or selling real estate, signing contracts, and accessing bank accounts. The person granting control is known as the "principal," while the individual or entity gaining powers is known as the "agent" or "attorney-in-fact." Designed to follow state laws, our Power of Attorney is customizable for use anywhere in the United States. All General Power of Attorney forms from Rocket Lawyer can be edited to address your specific situation. This essential legal document provides confirmation to financial institutions and other parties that your selected representative can act in your interest.

Our Funeral Planning Checklist will help guide loves ones through the memorial planning process. You have things that are uniquely important to you and you may want to include those in your memorial. Maybe you have a special reading or location in mind, perhaps you want to explicitly state if you'd like to be buried or cremated. No matter your wishes, drafting your Memorial Plans helps ensure they're carried out. Your family and friends will be grieving when you pass, but you can help make things a little simpler by taking care of your Memorial Plans now. You probably have certain preferences, if so, what type of service would you like? Are there people in your past who you want invited that your family might not know about? Your loved ones want to make sure all of your wishes are fulfilled. Putting it in writing, and openly discussing it with loved ones, is the easiest way to make this happen. They want to make sure your memorial is perfect, and you can help them avoid any confusion. Drafting your Memorial Plans with our funeral planning checklist can help make a very difficult situation just a little bit easier.

An Affidavit of Domicile is a legal document that you can use to verify the home address of a person who has died. As the executor or administrator of an estate, you are required to produce an Affidavit of Domicile when transferring or cashing in stocks or other investment assets of a deceased person. This document will confirm the state where the deceased person resided at their time of death, which will be needed to determine which state may levy death taxes against the assets of the decedent.

An Estate Planning Worksheet can be an important document to get you organized, regardless of marital status. Every estate will have beneficiaries: family, friends, or charities just to name a few. An Estate Planning Worksheet from Rocket Lawyer can serve as a comprehensive estate planning checklist to sort out how you're going to take care of the people that matter most. An Estate Planning for Singles Worksheet can help you organize your important information. Are you going to need more complex planning? Are there any issues that might crop up in the administering of your estate? What is even going to be included in your estate? Do you need to organize a little to prepare for a meeting with an advisor? No matter the size of your estate chances are you'll have some questions that need to be sorted out. Our Estate Planning Worksheet for Singles can help you prepare and ensure everything comes together.

If you and your spouse want to figure out your assets and liabilities an Estate Size Worksheet and Tax Calculator can help. You may also want to know what your future estate taxes look like or how much you expect your assets to grow. An Estate Size Worksheet and Tax Calculator can help you figure it all out. Avoid any surprises down the road with our Estate Planning Calculator and Worksheet. When you got married you likely increased your assets, which is great news, but the downside could be higher estate taxes - not to mention a larger estate to work through. Or maybe you and your spouse are financially savvy and are planning some serious financial growth in the future. Make sure you know exactly what that means from a tax perspective. Figuring out your combined net worth is likely a smart move and it can help you plan better for the future. Using an Estate Tax Calculator and Worksheet can be a great help in organizing your assets.

If you're considering writing a will or trust, an Estate Tax Calculator and Worksheet for Singles can help you work out the financial details. Maybe you want to estimate future growth of your estate or perhaps you want to figure out federal estate taxes; either way, an Estate Tax Calculator and Worksheet for Singles can help you get organized. You should probably know what your assets and liabilities are and our Estate Planning Calculator for Singles can help you do just that. Maybe you're expecting some substantial growth in your assets and net worth, but do you know what that means for your federal estate taxes? Maybe you're unsure what your net worth is, it might be about time you figured that out. After all, that will directly impact how much you're going to owe in taxes and it could change your plans for how to further grow your assets. Find out exactly where you stand - and where you plan to go. An Estate Tax Calculator and Worksheet helps get you started on the right path.

A Power of Attorney for a Child is a legal document that parents can use to grant someone else the rights to care for their children. A Power of Attorney for a Child is a temporary delegation of parental authority that is often used when parents cannot take care of their children for an extended period of time usually up to six months or a year. With a Power of Attorney for a Child, your agent will be able to offer official confirmation that they are responsible for your kids.

A Special Power of Attorney (PoA) is a legal document that grants a selected individual the authority to manage specified legal and financial affairs on your behalf, such as signing contracts, selling real estate, accessing bank accounts. The person granting permission is called the "principal," while the people or organizations obtaining authority are called the "agents." Suited for all U.S. residents, Special Power of Attorney forms from Rocket Lawyer can be completely personalized for your specific situation. As a result of this legal document, your representative can provide verification to financial institutions and other parties that they can legally sign documents or take other actions for you.

A Military Power of Attorney (PoA) is a legal document that gives a person or entity the authority to manage legal and financial matters for you, such as signing contracts, accessing your bank account, and buying or selling real estate. The person giving permission is called the "principal," and the individual or organization gaining authority is known as the "agent." Suitable for residents of all states, Military Power of Attorney forms from Rocket Lawyer can be fully personalized for your unique situation. As a result of having this official legal document, your agent(s) can provide verification to financial institutions and other parties that they can sign documents or take other actions for you when you are not present or able.

A Last Will and Testament is a legal document that sets forth your preferences regarding asset distribution after death, such as who will inherit your personal belongings, your money, or your home. The person making a Will is known as the "testator," while the individual or organization appointed to oversee the testator's estate after death is called the "executor." As a result of having this essential document, your executor(s) will have a point of reference for your decisions.

You want to protect the people who mean the most, now and always. A Complete Will helps ensure they're taken care of, even when you're gone. By putting your wishes in writing, there's less guesswork and legal hassle for your loved ones. Your Complete Will lets you have a say in how your property and assets are distributed, and documents who you want to take care of your children. A complete will—also known as a last will and testament 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. You can use this complete will template whether you're married or single, with or without children.

For those who are married with no children, it's still a good idea to think about estate planning. This will for married couples without children is set up to help you determine who (or what, if it's an organization) will receive your property after you pass away, in addition to setting up provisions to protect your spouse. Our step-by-step process creates a legal will for married couples that outlines your choices, including who will receive your property and who will carry out your wishes. This Will is appropriate if you have a spouse and no children and do not intend to have children.

If someone close to you has passed away and may have had investments, a Broker Confirmation Letter can help you figure this out. If you need to confirm that the deceased had stocks, bonds, or other investments, a Broker Confirmation Letter can help you quickly get that information. Maybe you know they had an investment portfolio, or maybe you're not sure, you can get the details with a Broker Confirmation Letter. The last thing you probably want is to drown in paperwork or miss out on an inheritance that's rightfully yours. Not everyone leaves a detailed will with information about investments so figuring that out might be completely left to you. Luckily, there's a reasonably easy way to find out what, if any, investments the deceased has. A Broker Confirmation Letter can help you find out details about investments.

Deciding to create a Simple Will is one of the best gifts you can give to your loved ones. Having a Will in place when you pass away eliminates the confusion and uncertainty that comes with dying intestate (without a Will). A Simple Will provides your loved ones with a roadmap for how you wish your assets to be distributed and lets you appoint an Executor to oversee the administration of your estate. By completing our Simple Will form, you gain the peace of mind that comes from knowing your wishes will be honored when you are gone.

For parents of minor children, creating a will is an important responsibility. This Parents Will for those with minor children is useful for a single or married person who currently has children or intends to have them. It will remain valid after the minor children become adults. Our sample will for parents alongside the easy interview process allows you to state your intentions for your estate after your death, including who will receive your property and who will carry out your wishes. You can also specify who will take care of your children. This Will is useful for a single or married person who has minor children or who intends to have children.

If a Living Trust is part of your estate plan, you may also want to create a Pour Over Will. It transfers any remaining property and assets to your Living Trust after your death, so nothing gets left out, or has to go through probate separately. Our Pour Over Will Form allows you to appoint guardians for your children, like a standard Last Will. A Pour-Over Will's primary function is exactly what it sounds. After your death, the Will pours, or transfers, any not previously transferred property into your Living Trust. A Pour Over Will ensures that all your property is distributed according to your Living Trust. Pour-Over Wills also distribute your personal property such as clothing, jewelry and furniture. It can be used to provide care for your minor children too. This is a specialized Will that is used as a supplementary document to your Living Trust or Joint Living Trust. A Pour-Over Will should only be created if you have previously completed a Living Trust or Joint Living Trust.

If you have adult children, it's smart to put your last will and testament together so you can save them and other family members from unnecessary legal expenses after you're gone. This will document is designed specifically for parents of adult children. Our step-by-step process makes it easy to state your intentions about your property and appoint someone to carry out your wishes. This Will is appropriate for a single or married person with adult children.

If you're single with no children and you aren't planning on having children down the road, it's still a good idea to think about estate planning and writing your last will and testament. You can use this individual will to say what happens to your possessions, accounts, pets, etc. after your death and to pick the person or organization that will oversee everything. Our question and answer format creates a simple will for single people. You can use this will to say what happens to your possessions, accounts, pets, etc. after your death and to pick the person or organization that will oversee everything.

If you're remarried and have adult children from a previous marriage, you might consider this type of last will and testament for your estate planning. This Will for Parents of Adult Children provides a step-by-step process to make it easy to state your intentions about your property and appoint someone to carry out your wishes. You can use this will to leave assets to adult children from your current and/or previous marriage. If you're remarried and have adult children from a previous marriage, you might consider this type of last will and testament for your estate planning.

A Digital Will is a estate planning document that ensures the people you designate as your beneficiaries recieve access to all your digital assets, online accounts and social media upon your passing. Digital Assets can include any type of online account or files (like photos, songs or documents) stored on computers and servers. Examples include email accounts, blogs, social-networking sites, online backup programs, photo and document-sharing sites, financial accounts for personal or business, domain names of web sites, virtual property, and other computer files. These virtual or digital assets often are forgot from traditional wills, but can be very valuable, wether finanically or sentimentally. A Digital Media Will can help ensure that they aren't left out.

Every parent with minor children has a responsibility to create a last will and testament. Simplify Estate Planning for Second Marriages by using this last will and testament form. The Will for Second Marriages allows you to provide for children from a prior or current marriage. It will remain valid even after your children become adults. To get started, we'll walk you through some basic questions about what you want to happen to your things after death; for example, who will receive your property and who will make sure your wishes are followed. This Will can be used if you are remarried and have minor children from a prior marriage.

If you're a grandparent or may become one, you can use this particular will to set up a dynasty trust for your grandchildren. This type of trust continues to be valid after your grandchildren reach adulthood. You can also name who receives your property and who carries out your wishes while setting up trust funds for grandchildren with our will template. This Will is useful for a single or married grandparent who has minor grandchildren or who expects to have grandchildren.

If you're in a same-sex relationship and want to help ensure that your partner and children are taken care of, you can use a Complete Will for Same-Sex Couples to help protect your interests. (Even if your state does not allow same-sex marriage.) You can help make sure your partner is your beneficiary, or among multiple beneficiaries, if you die. With a Complete Will for Same-Sex Couples you can establish exactly what you want to have happen to your estate. A Complete Will for Same-Sex Couples is a document to use if you want to help make sure your partner receives your assets, property, and is responsible for your children upon your death. Having a Complete Will for Same-Sex Couples helps you get around any potential legal issues. You can take care of your partner now by planning for the future. Please note: for couples, a separate will should be created for each person, as a "joint will" is not recommended, and if your estate is likely to be more than the federal applicable exclusion amount ($5,120,000), you may want to use more complete estate planning techniques that are not provided by this document. Finally, for same-sex couples, you can also consider using a Living Trust in addition to creating a will; although a will could be overturned by in a state that does not recognize same-sex marriages, a living trust is more difficult to overturn. Also, if your estate will be larger than the federal estate tax exemption amount, currently $5,120,000, this document is best used for education and planning purposes. Consult a lawyer for more complex estate planning.

You used to be sure about certain things if you were ever terminally ill or unconscious. But you've changed your mind and could use an Advanced Health Care Directive Revocation. Hey, things change. Medical advancements are made. Just make sure you take care of that with our Advance Health Directive Revocation. Nobody knows what will happen tomorrow. If you're getting cold feet about serious health decisions, you might need an Advance Health Care Directive Revocation. Well, permanent isn't always a black and white word in medicine. Or maybe you're just having second thoughts. But you were sure enough a few years ago that you signed an Advance Health Care Directive. That's okay. You can always change your wishes. Getting an Advance Health Care Directive Revocation nixes any old documents and lets you start over.

A Living Trust is a trust created by a person (the "grantor") for use during that person's lifetime. It provides for payments of income for that person and the distribution of the remaining assets of the Trust upon that person's death. Although they sound complicated, Living Trusts are rather simple. Essentially assets are put into a "trust" and a person is designated manage those assets for the person who benefits from that trust. The person who manages the trust could be the person who made the trust (the grantor), someone else (a "trustee") or even a paid professional. Living Trusts can also be amended or revoked at any time by the grantor. An advantage of Living Trusts is that they do not have to go through the standard probate process, so funds can be distributed to cover your death expenses or to care for minors or disabled family members. They also may be able to make funds and assets available more quickly than Wills.

Our Living Trust Amendment Form is a document used to change one or more minor provisions of a living trust or joint living trust as an alternative to preparing a new living trust. The amendment can be used to make minor deletions and/or additions to the original trust.

If you need to provide third parties with information regarding revocable living trust, then this is the document for you. A Certification of Trust allows you to facilitate the transfer of assets to or from your living trust.

If you're married, a Joint Living Trust can help protect your assets today and ensure your spouse is provided for if something should happen to you. Protect your family and your assets by creating a Joint Living Trust. A married couple can use a Joint Living Trust to establish a solid estate plan. With a Joint Living Trust you and your spouse can avoid probate court, reduce or eliminate estate taxes and also avoid conservatorship proceedings. When your property is placed into a Trust, you and your spouse can control your assets and property using this single trust document. You will be able to determine how your assets are managed during your lifetime and how they will be dispersed after your death.

A Special Needs Trust is used to provide for an individual beneficiary with a disability with little to no effect on the beneficiary's eligibility for needs-based government benefits. If you leave money directly to a beneficiary with special needs, this may possibly keep that person from qualifying for government benefits. The Special Needs Trust enables a beneficiary with a disability, or an individual with a chronic or acquired illness, to have, held in Trust for his or her benefit, an unlimited amount of assets. A properly drafted Special Needs Trust will include assets that will not be counted towards the beneficiary's qualification for certain government benefits. The Special Needs Trust does not replace needs-based government benefits, but instead provides supplemental and extra care over and above that which the government provides. If you are an individual with special needs who holds assets to be used for your benefit during your lifetime, the Special Needs Trust can be made by anyone other than you. If you want to provide for an individual with special needs, you may make a Special Needs Trust for that specific beneficiary. A properly drafted Special Needs Trust will be tailored to your specific circumstances. If you need assistance, ask a lawyer .

An Education Trust Fund is like other types of trusts with the exception that the funds are designated to be used for education specifically. Basically, a trust is a fund that holds assets (which can be money or property), you set the rules on how and when the funds can be released, and a third-person or entity manages the fund for you. There are tax advantages to putting money into trust funds. A big plus to using a College Educational Trust is that you can control exactly how the funds are to be used. Your terms can be as broad or as specific as you want. Plus, your designated trustee can control the payout of the money, so your beneficiaries do not have direct access to the funds.

A Pet Trust helps you legally choose a caretaker for your pet if you pass. Pets can't actually be the beneficiaries or trusts themselves; but you can certainly designate caretakers, monthly allowances for pet care, and what to do with the trust when your pet passes. A Pet Trust helps you get started with on estate planning for your pet. Taking care of a pet is rewarding, but it can also be expensive. Having a Pet Trust in place can help you eliminate a lot of the costs of pet care for the person you're designating as the caretaker. There's a lot more to planning ahead than memorial arrangements, don't forget about doing your estate planning for pets. You want to make sure they have the same life that they had with you. A trust allows you to choose a caregiver who will carry out your wishes, designate funds to so that the caregiver has appropriate support, and allows you to specify where the remain funds should go after your pet passes away. Everything is up to you, but you have to get it in writing. A Pet Trust Form helps take care of your loyal companions for the rest of their lives.

If you want to help make sure your digital assets are properly distributed after you've died, you can use a Digital Asset Trust. Many of us now have valuable documents, images, and music digitally stored on computers and online in the "cloud." "Digital" means anything online or on your computer, including blogs, email accounts, and photos on your hard drive. A Digital Asset Trust is a new kind of trust, in that it covers intangible digital material that is best understood as information, rather than something physical. For instance, if you've scanned precious photographs, but have lost the original prints, you'll want to make sure those digital family photos that span five generations are in good hands. And if you have a lucrative blog, you can help ensure the right person can easily take over upon your death. A Digital Asset Trust can help, but it's still a smart move to work with an attorney, as the area of digital estate planning is a relatively new field of law and there is no guarantee that your wishes can be fully implemented. We suggest that you consult an estate planning attorney to incorporate your digital assets into your Digital Asset Trust.

If you're interested in a living trust property transfer, our Bill of Transfer can help you do just that. You can't transfer ownership of anything with a deed or title - which means houses and vehicles are out - however, a Bill of Transfer for Living Trust can help with most other items. A lot of people take care of ownership issues when it comes to estates and vehicles, but what about that fine china set or the collection of jewelry? A Bill of Transfer for Living Trust (otherwise known as a Transfer of Property Form for Living Trust) can help make things a lot easier when someone passes away and it can also help cement just who owns what property. Why do this? Only property that's owned by a trust can be distributed by it. It's a great way to make sure all valuables are protected - along with the rights of the present and future owners. Our Bill of Transfer for Living Trust can help straighten everything out. NOTE: This document cannot be used to transfer real estate or other property that has a title document, such as a vehicle. If you desire to transfer real property into your trust you should consider preparing a Quitclaim Deed .

If you want to transfer accounts or securities to a living trust, filing a Trust Letter to Bank or Broker can get the process started. Maybe you want to transfer a checking or savings account into your living trust - or perhaps you're moving stocks or a brokerage account. No matter what you need to transfer, our Broker Trust can help you get it done. You might have a lot of investments and accounts and when you want them transferred to your living trust, a Trust Letter to Bank or Broker can help. You'll probably need additional documentation from your broker or bank about how to make the broker trust transfer - and these kinds of things need a cover letter of sorts; that's where Rocket Lawyer can help. You'll likely need to clearly state your wishes: what's being transferred, who has the authority to do so, and which accounts are you transferring? When you're dealing with money and investments, it's best to be official and play it safe. Including a Trust Letter to Bank or Broker is a good way to clearly articulate your needs.

If you're getting ready to transfer real estate to your living trust, a Mortgage Trust Letter can help you speed things up by providing notice, or seeking consent, from your lender. Whether you're transferring your family home or your investment property, you don't want the transfer to get tangled up in red tape. A Mortgage Trust Letter can help simplify the process and get things moving. You'll probably need a Mortgage Trust Letter when executing a transfer of property to a living trust. After all, real estate transactions typically need to be in writing. Maybe you need to let your lender know, or maybe another financial institution needs to stay in the loop; either way, it's best to document the process up front. Transferring bank accounts and stocks to your living trust is one thing, but real estate is a big deal - it's probably the biggest investment or asset you have. Make sure the transfer goes smoothly with a Trust Letter to Mortgage Lender.

A Small Estate Affidavit is a legal document that you can use to settle a small estate when there's no will. The maximum value of a qualifying "small" estate is defined by state law. This value can range from $166,250 in California to $30,000 in Delaware. The majority of other states fall within this range, but it is best to ask a lawyer about your specific scenario. Each Small Estate Affidavit Form from Rocket Lawyer can be completely personalized to address your specific situation. When you're ready to begin the process, simply tap or click "Make document". Your Affidavit will be assembled piece by piece so you can feel confident that it has the correct details within.

Settling an estate can be complicated, especially if there are debts to be paid. A Notice to Creditors makes certain you've notified the estate's potential creditors of the deceased's passing. We'll help you create a custom Notice to Creditors in minutes. If you're an executor of an estate, a Notice to Creditors helps you do your job right. It ensures that creditors are aware of their right to present a claim against the estate. As an executor, you're required to inform the estate's creditors that the deceased has passed. A Notice to Creditors can make certain all creditors know to present their claims against the estate. Once notified, all creditors have the chance to inform you of their claim against assets in the estate. The Notice is commonly published in the county newspaper where the deceased's probate claim is, or would be, filed. Publication makes certain all unknown creditors have an opportunity to present their claims against the estate.

When setting up a living trust, an individual living trust checklist and worksheet can help you organize your assets. It's important to determine which assets are being transferred into a trust, how that happens, and how you need to document the process. Our online living trust funding worksheet helps you organize all that information. Getting your finances in check with an Individual Living Trust Funding Worksheet can be a smart move. When you're setting up a living trust, it's your decision which assets are transferred, and when, but you still have to make the ownership transfer official. If you're unsure of how, what, and when, then a Living Trust Finding Worksheet can help you gather the information you need to make an informed decision. A living trust can be a great way to protect your assets and make sure the right person receives them later on. When you transfer assets to a living trust the trust becomes the official owner and you don't have to deal with it anymore. Then, the person you chose as your beneficiary can easily get the assets at the date you've chosen. An Individual Living Trust Funding Worksheet helps you get started and keep organized.

A Joint Living Trust Funding Worksheet can help you and your spouse plan and manage your living trust. Maybe you want to figure out which assets to move, or maybe you just want to work out how to do it. A Joint Living Trust Funding Worksheet can give you a solid foundation to get started. A living trust can be a great way to manage your assets a Joint Living Trust Funding Worksheet can help make that process easier. Make sure you and your spouse are on the same page: which assets are going to be moved to the living trust? What are all the assets you have? You may also need a bill of transfer document to keep your filing updated, or maybe you want to keep certain assets separate. If you already have joint assets in a living trust, you can make changes to ensure that some assets are your individual property or make current individual assets joint. It's your decision. A Joint Living Trust Funding Worksheet can help you stay organized.

If you would like to make changes to your Last Will and Testament, a Codicil can help. Very simply, a Codicil is an addendum to your existing Will, which allows you to update, add, or remove provisions as needed.

Revoking your Power of Attorney (POA) is not difficult. You can change your POA at any time if you are competent and of sound mind. If your situation is supportive, you can even change your parent's POA, if needed. There are many reasons that you may choose to change your Power of Attorney or revoke a current POA. It is simple to do using our Revocation of Power of Attorney Form. Once you have revoked a POA, make sure that all interested parties know that you have done so.

Sometimes you need to start fresh by using a Living Trust Revocation. When it comes to your single or joint living trust, you can use this document to dissolve your trust, like when you're looking to restructure your estate plan. Whatever your reason, we make it easy to create a Living Trust Revocation so you can dissolve your current living trust. You can use a Living Trust Revocation to revoke, dissolve and dismantle a living trust or joint living trust. It's also used when revoking a living trust in preparation for creating a new trust. For example, a single living trust may be revoked when you get married and intend to create a joint living trust with your spouse. Alternatively, after a divorce, you may need to revoke a joint living trust in anticipation of creating a single living trust. Keep in mind that to create a new living trust, all assets in the "old" trust must be transferred over to the new trust. Before revoking your current living trust, consider whether amending or restating your existing living trust is possible. If you can amend or restate it instead of revoking your trust, you can avoid transferring your assets.

A Letter of Appointment of Executor helps prove you have been put in charge of someone's estate after they have passed away. As Executor, you've been given the duty to manage the estate and carry out the directions of the will; however, a court may require official documentation. A Letter of Appointment of Executor can make everything official so you can focus on the task at hand. Being in charge of someone's estate is a big responsibility. Your Letter of Appointment of Executor helps you avoid some possible complications. Hopefully, you knew that you would be the executor. You might have been told that you were being named executor in someone's will but sometimes it comes as a surprise. Either way, it's now your responsibility to oversee the estate, make sure that the beneficiaries are taken care of, manage the estate sale, and get all of that paperwork organized. You've got a big job ahead of you, getting your Letter of Appointment of Executor lets everyone else know you're the one that will get it done.

A Medical Power of Attorney Revocation Form provides you the means to cancel your previous medical power of attorney (POA) document. If your situation has changed, you may want to cancel your grant of authority. Perhaps you're considering drafting a new document to replace the old one, maybe you need to make substantial revisions and would rather start from scratch, or you could have simply changed your mind. A Revocation of Healthcare Power of Attorney form can help update your important documents to your current needs. A Medical Power of Attorney grants another individual the authority to make decisions for you in the event you can't make them yourself. If you no longer need this safety net to be in place, you can eliminate the prior grant of power with this document, which is also known as Healthcare Power of Attorney - Revocation. Your needs may change and, if they do, you're well within your rights to update your important documents to reflect those changes. A Medical Power of Attorney Revocation Form can help you update your paperwork to match your changing life.

A Living Will Revocation is a formal way to cancel your will if you've been having second thoughts or want to make substantial revisions. When you've decided you want to revoke your living will, for any reason, it's important that your paperwork stays up to date - a Living Will Revocation can help you keep your last will and testament as current as your wishes. A Living Will Revocation can undo a current living will. Maybe you're not quite as sure about certain things as you were a few years ago or maybe you plan on making so many changes to the existing will you'd rather start from scratch. It's understandable as there's a lot that goes into making a will: choosing which assets to distribute, deciding upon end of life care, naming beneficiaries. You may also be considering getting married and weighing the benefits of having a joint living will. No matter the reasons, a Living Will Revocation can help you if you're considering redoing your will. Plans can change, and it's important that your paperwork changes along with them. When you sign a Living Will Revocation, you're cancelling your current living will so that you can start with a clean slate.

When things change, your Last Will and Testament should too. With a Digital Assets Addendum to a Will, you can amend your existing Will so that it covers your digital assets. For example, remember those family photos stored on your computer? You can use this document to make sure that those treasured memories, and many other types of digital assets, are passed on to the right people when the time comes. Kudos to you for having a Will. But as technology evolves, your Will needs to keep up. That means you might need a Digital Assets Addendum to Will. Think about all of your online accounts, or documents on hard drives. What happens to your Twitter account when you pass? Do you want to give your husband access to your social media sites, blogs, and online albums? A lot of people are choosing online storage only these days. You don't want your loved ones to get locked out of your accounts and files. Using an addendum can be a lot quicker than drafting a new Will from scratch, because you can just change some parts and not others. Draft a Digital Assets Addendum to Will to communicate your wishes for your intangible, but still valuable, digital assets.

A Mental Health Care Declaration and Power of Attorney Revocation allows you to cancel any existing health care directives and power of attorney documents. If you've changed your mind, or if you're getting ready to drastically overhaul your prior instructions, it may be best to restart with a clean slate. A Mental Health Care Declaration and Power of Attorney Revocation helps you start over or simply dissolve your previous decision. Everything may have been perfect when you first penned a Mental Health Care Directive, but things change and your plans may have to change as well. If you need to keep your documents as current as you are, a Mental Health Care Declaration and Power of Attorney Revocation can help you reset and reassess your options. If you're getting ready to draft a brand new document, or if you've simply changed your mind and don't want it anymore, then revoking those prior documents may be the right option for you. You're allowed to rethink your plans but you have to make sure you keep up with your paperwork; after all, you don't want it to suddenly be too late to make changes. If you want your directive revoked, then take action and get it done. A Mental Health Care Declaration and Power of Attorney Revocation can erase your prior documents and give you the opportunity to start fresh.

A Social Media Addendum to Will can tack on additional, digital, information to your existing will. It's not just your Facebook and Twitter at stake, what about access to your email and online accounts? A Social Media Addendum to Will can be a very helpful addition in a digitally driven world. You might not think of your digital assets when drafting a will, but a Social Media Addendum to Will can be a smart move if you have an online presence. You want to make sure loved ones can access all of your digital accounts when you pass, after all, you probably have a lot of important information there. And what about your accounts that are solely online? What about your email? Today, a lot of your daily life revolves around the internet. Maybe you use cloud storage for important documents, or maybe you own a profitable site. What we put in a will is different now than it's been before; a Social Media Addendum to Will is an easy way to include everything.

As the administrator of an estate, it's crucial to take the right legal steps. A Notice to Heirs document enables you to officially notify those family members, and others mentioned in the Will, that they may be potential heirs to the estate. It alerts them to an informal probate. Our Notice to Heirs form makes it easy. A Notice to Heirs document is typically sent by the administrator. The form must be delivered in person with an Acceptance of Service form (which is signed by the heir upon receipt), or mailed by certified mail with an Affidavit of Service, to prove that the Notice to Heirs has been mailed to the heir's legal address. Laws vary depending on where you live; for specific guidance on who to send the notice to, and when, consult with an estate planning attorney. Time can be critical, as the Notice to Heirs must typically be sent within a set number of days after the administrator has been appointed.

An Estate Administration Worksheet helps you organize estate assets when someone close to you has passed away. It can help you gather information, figure out who should be involved, and find the right documents. An Estate Administration Worksheet can help you get organized. It's difficult when a loved one passes. An Estate Administration Worksheet can help with handling the estate side of things. You need to figure out the proper procedure: who are the beneficiaries? Which documents do you need? What was the financial situation of the person who passed? Ideally, all of this is clearly addressed in a will, but if it isn't then getting things figured out might all be up to you - and it's important that you don't miss something. This encompassing document can be your guide to quickly getting estates handled. When you have an Estate Administration Worksheet, you can speed up the process to make sure your loved one's wishes are fulfilled.

A Receipts and Disbursements document helps you notify parties of estate payments. Oftentimes, a court, or other interested party, will want a financial statement of the estate to to ensure it's being properly handled. A Receipts and Disbursements document helps you organize estate management information and relay it to others. Being the administrator of an estate is a big responsibility but you can keep on top of things with a Receipts and Disbursements document. A court will probably want a written record the money that goes to and from the estate. You may also be asked for a statement from beneficiaries and attorneys. That can be a lot to keep organized, but having everything in writing can make it easy. Courts want to get everything ironed out, beneficiaries want to make sure they're getting a fair deal, and you're right in the middle of it all. Keep everything in order with a Receipts and Disbursements document.

As an estate administrator, you have a lot of organizing and paperwork to handle. A Bank Confirmation Letter can help you learn about the full contents of the deceased's estate. Officially request a deceased person's account information from a bank or financial institution with our Bank Confirmation Letter. If you're an executor, you can write a Bank Confirmation Letter to a bank or financial institution on behalf of a deceased person's estate. The Letter requests that the bank or institution verify the deceased person's account, the balance on that account and any accrued interest not yet posted to the account. A Bank Confirmation Letter gives an Executor the ability to locate assets which the Executor did not have prior knowledge. This Letter may be used to request information even when an Executor does not know the deceased person's account(s) number or whether they held an account(s) at the institution. A Bank Confirmation Letter also requires the inclusion of a Letter of Appointment, a document verifying the Executor has the authority to act on behalf of the deceased's estate.

This letter is used to request a copy of a death certificate from a state's vital statistics office.

If a loved one has passed away, and you need important information from their employer, you can use an Employee Death Benefits Letter to help ensure beneficiaries are cared for. Life insurance policies, employee benefits, profit sharing, or pensions might be available. You can help get the information you need with an Employee Death Benefits Letter. When you're dealing with a loss, paperwork is one of the last things you want to deal with, although often it's necessary. An Employee Death Benefits Letter is a simple way to get information - and maybe benefits - from a loved one's former employer. If you're the beneficiary, this is your money. It can help offset memorial costs and provide for a more comfortable life. There might be employer-specific life insurance policies in place. You might not have had conversations about benefits when your loved one was alive, and there might be perks you don't even know about. You might even be able to avoid probate, if most of the assets are in pension and profit-sharing plans or life insurance and joint tenancy assets. However, you may have to file death tax returns, so it is advisable to consult a lawyer. Using an Employee Death Benefits Letter helps determine what you may be entitled to.

A Life Insurance Proceeds Letter can be used to request information or payment if you are the beneficiary of the policy. This letter is a formal way of finding out who the beneficiary is if you're unsure and to help speed the process along. A Life Insurance Proceeds Letter can get you the information you need and get the process started. When it comes time to file a beneficiary claim, you may need to file a Life Insurance Proceeds Letter. Maybe you need to find out what steps to take, after all, things can get complicated when there's more than one beneficiary. Make sure you have everything straightened out and that you're playing by the rules. The policyholder wanted to make sure you and their other important people are cared for after they pass. While the purpose of life insurance is to make things just a little bit easier for the beneficiaries, there's still some paperwork to take care of first. Get started and find out what you need to do to file your claim with a Life Insurance Proceeds Letter.

If a loved one has passed away you're likely going through a lot, but you still need to take care of obligations with a Survivor Checklist. What documents do you need to gather and who needs to be informed? Taking care of an estate can be a big undertaking, but don't be overwhelmed, having a Survivor Checklist can help you gather information and stay organized. A Survivor Checklist is likely something you don't think about until you need it. There's a lot to take care of when someone passes away and you might not know where to start. Managing an estate, compiling all the necessary forms and documents, and figuring out the finances and assets that the deceased had - there's a lot to keep track of, even if your loved one had a living trust and an up to date will. You're grieving, and having to work through these complications doesn't help, but having a Survivor Checklist can help make things a little easier.

A Trust Administration Checklist and worksheet can help you if you've been put in charge of someone's estate. There's a lot to take care of when you're handling an estate: managing wills, notifying beneficiaries, and gathering paperwork. A Trust Administration Worksheet helps you stay on top of things. You probably don't think much about handling an estate until you have to, but even so, a Trust Administration Worksheet can help when you ever need to. Make sure all the paperwork is handled; what documents do you need to organize and who's responsible for what? Your top priorities are probably beneficiaries and finances, but where do you start? Using a worksheet can help you compile and organize the important information in a single place. Our worksheet can be used as a trust administration checklist, which can provide a helpful tool during this tough time.

A Stock Power document allows you to sell or transfer stocks and bonds on behalf of the deceased's estate provided you're a personal representative, beneficiary, or executor. When someone passes away they often leave stocks and bonds as part of their assets. If those assets are still in the market you may need a grant of authority to get them out. A Stock Power document helps you get started. There's a lot to take care of when someone passes away and getting a Stock Power document may be part of it. If someone has passed away and they had stocks or bonds, which is fairly common, you're going to need to transfer them or sell them. Before you can do that, however, you first have to prove that you have the right to do so. This takes paperwork, but it doesn't need to be a big hassle. Usually, it just takes a formal statement and proof that the person has passed and that you're authorized to make decisions. A Stock Power document can make the process simple so you can get to work.

This notice is used to advise an insurance company that an auto or homeowners policy can be terminated because of the death of the policy owner.

One of the most common legal entities for estate planning purposes is the Revocable Living Trust. The grantor creates such a trust to deposit their assets, and it’s tied to the social security number.| The grantor can also be the trustee as they retain control of the assets. Alternatively, a trustee can be appointed to administer the terms of the trust.| What Is a Revocable Living Trust? A Revocable Living Trust is a great way to protect your properties and assets during your lifetime and if something happens to you. With a Living Trust, your heirs can skip probate after your death, which is why it is so popular. Even then, one of the main characteristics of the Revocable Living Trust is, as the name implies, it can be undone at any point in time.| The grantor can add and remove assets and change the terms in any which way. After the death of the grantor, however, it automatically becomes an Irrevocable Living Trust.| Other Names for Revocable Living Trust Depending on your state, a Revocable Living Trust may also be known as:| Inter Vivos Trust | Living Trust | Who Needs a Revocable Living Trust Anyone can set up and take advantage of such a trust. The main appeal is perhaps to skip probate in the transfer of assets to your heirs. It is also a clear and unambiguous way to make sure your assets go to those of your choice, rather than relying on the state’s intestacy laws.| Why Use Trademarkia Legal Forms for Your Revocable Living Trust? Customized for you, by you Create your own documents by answering our easy-to-understand questionnaires to get exactly what you need out of your Revocable Living Trust.| Specific to Your Jurisdiction Laws vary by location. Each document on Trademarkia Legal Forms is customized for your state.| Fast and easy All you have to do is fill out a simple questionnaire, print, and sign. No printer? No worries. You and other parties can even sign online.| How to Create a Revocable Living Trust with Trademarkia Legal Forms Depending on your state, the regulations governing Living Trusts vary. To get your Revocable Living Trust correct and proper, you can rely on Trademarkia Legal Forms.| Let Trademarkia Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.| What Information Will I Need to Create My Revocable Living Trust? To create your document, please provide:| Grantor’s information: The legal name and address of the person making the trust| Trustee’s information: The legal name and address of the primary trustee, followed by the backup trustees as applicable| Beneficiaries information: The legal names and addresses of all the beneficiaries| List of assets: All of the assets and properties to be held, such as real estate properties, vehicles, copyrights, jewelry, and art pieces| List of business interests: Proprietorship and other stakes in companies| Brokerage and bank accounts: Retirement accounts, savings accounts, stock, and mutual fund holdings| Revocable Living Trust Terms Grantor: A person creating the living trust.| Trustee: A person managing the trust.| Beneficiary: A person inheriting the trust’s assets and income distributions.| To revoke: To cancel the terms of the trust.| Probate: This is a legal process to review and carry out a will, including the estate distribution, if there is no will.| Estate: A person’s possessions during their lifetime and after death.| Fiduciary duty: An obligation for one party to act in the best interests of another.| Revocable Living Trust Signing Requirements Before signing the document to set up your Revocable Living Trust, make sure to review it first. Then, the grantor and all of the designated trustees must sign it in front of a notary public.| What to Do with Your Revocable Living Trust After getting the document notarized, you can always go back and change it. However, you do not have to file it with any local authorities in most states. Unlike a will, the Revocable Living Trust allows for more privacy as it is not public information.

.| Instead of creating two separate living trusts, couples can choose to make a Joint Living Trust. It can either be revocable or irrevocable.| There are many advantages to putting your joint assets into a living trust. They include more privacy, more flexibility in asset management, and reduced probate expenses.| What Is a Joint Revocable Living Trust? With a Joint Revocable Living Trust, couples can transfer their assets to their beneficiaries with relative ease. Your assets are placed into the trust but can be added and removed as you desire.| However, since the assets are not locked as they would be in an irrevocable trust, estate taxes will still apply. Even though you and your spouse's assets are in a trust, you're still technically considered the owners. This is not the case with an irrevocable trust, where the grantors can also be the trustees of the trust, in which case they do not have to be compensated.| Other Names for Joint Revocable Living Trust Depending on your state, a Joint Revocable Living Trust may also be known as:| Inter Vivos Trust | Who Needs a Joint Revocable Living Trust Both married and unmarried couples can create a Joint Revocable Living Trust. In any event, both individuals should state in the document whether they live together or separately. They also get to designate a trustee for the assets. Often, the grantor is also the trustee, but they can appoint alternative trustees if they become incapacitated.| Why Use Trademarkia Legal Forms for Your Joint Revocable Living Trust Customized for you, by you Create your own documents by answering our easy-to-understand questionnaires to get exactly what you need out of your Joint Revocable Living Trust.| Specific to Your Jurisdiction Laws vary by location. Each document on Trademarkia Legal Forms is customized for your state.| Fast and easy All you have to do is fill out a simple questionnaire, print, and sign. No printer? No worries. You and other parties can even sign online.| How to Create a Joint Revocable Living Trust with Trademarkia Legal Forms Before creating a Joint Revocable Living Trust, you must decide on your asset management. With the details in hand, you can trust Trademarkia Legal Forms to create a document complying with federal and local statutes.| Let Trademarkia Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.| What Information Will I Need to Create My Joint Revocable Living Trust? To create your document, please provide:| Grantors' information: Legal names and addresses of the trust and marital status of the two creators.| Trustees' information: Legal names and addresses of the designated trustees.| Beneficiaries' information: Legal names and addresses of all the beneficiaries of the living trust.| Name of the trust: Give the trust a name, which can be as straightforward as both the grantors' names.| Terms of the trust: Describe how the trust is to be administered in the grantors' lifetime and if one or both pass away.| Property division: Instructions on how the assets are to be divided among the beneficiaries.| Insurance policy information: Any insurance policies and retirement plans to be included.| Signatures: Both grantors must sign the document for it to be valid.| Joint Revocable Living Trust Terms Grantor: A person who creates the living trust.| Trustee: A person who manages the living trust.| Beneficiary: A person who receives the assets and any income distributions.| Fiduciary duty: Where one person is to act in the best interests of another.| Estate: A person's possessions and assets.| Probate: This is a legal process to review and carry out a will, including the estate distribution, if there is no will.| Joint Revocable Living Trust Signing Requirements An essential part before signing is to review the Joint Revocable Living Trust document with care. You and your partner must sign the document simultaneously and have it witnessed by a notary public.| What to Do with Your Joint Revocable Living Trust After you get the document notarized, you can complete all the accompanying paperwork to transfer the assets to the trust. You might also need a Certificate of Trust, which is to be signed by the trustee and establishes their authority. In most states, you're not required to register the trust with the court or county recorder, making it non-public information.

| | There is more to estate planning than simply deciding who gets which of your possessions and under what circumstances. It's essential also to consider your health care outcomes and the decisions you'll have to make along the way.| For that reason, an Advance Health Care Directive forms an integral part of any thorough estate plan. This document, drafted while you are of sound mind, will give medical staff and those empowered to make decisions on your behalf a guide for handling your health care decisions if you are incapacitated or otherwise unable to provide consent to treatment.| What Is an Advance Health Care Directive? An Advance Health Care Directive is a simple legally-binding document indicating your wishes regarding medical care if you can't express those wishes. Additionally, the form authorizes someone to make medical decisions on your behalf if the situation calls for it. Without an Advance Health Directive, medical staff will rely on your closest relatives to make decisions about your care.| In short, an Advance Health Care Directive is a chance to decide on your medical treatment in advance and make a plan about what type of treatment you do and do not consent to in the event of a life-threatening situation. It fulfills a similar need as a living will, and the two terms are used interchangeably in some states.| Other Names for Advance Health Care Directive Depending on your state, an Advance Health Care Directive may also be known as:| Living Will | Advance Decision Form | Advance Directive | Advance Medical Directive | Medical Power of Attorney and Living Will | Who Needs an Advance Health Care Directive One of the most common reasons people choose to make Advance Health Care Directives is responding to a life-threatening illness or medical condition. Anyone with a reason to suspect that they may soon become incapacitated or unable to express their medical care wishes should consider executing an Advance Health Care Directive as a matter of course.| Furthermore, it's a good idea to draft an Advance Health Care Directive whether or not you have any reason to suspect you'll soon need it. A part of responsible estate planning is preparing for situations ahead of time. Having an overall plan early on can make it easier to implement small changes rather than having to draft the entire document in a state of agitation at the news of a diagnosis.| Why Use Trademarkia Legal Forms for Your Advance Health Care Directive Customized for you, by you Create your own documents by answering our easy-to-understand questionnaires to get exactly what you need out of your Advance Health Care Directive.| Specific to Your Jurisdiction Laws vary by location. Each document on Trademarkia Legal Forms is customized for your state.| Fast and easy All you have to do is fill out a simple questionnaire, print, and sign. No printer? No worries. You and other parties can even sign online.| How to Create an Advance Healthcare Directive with Trademarkia Legal Forms An Advance Health Care Directive is a straightforward document, but it needs to comply with specific regulatory standards legally enforceable. With our proprietary form generator, a few necessary details about yourself and your medical care wishes are enough to generate a document that fits your jurisdiction regulations.| Let Trademarkia Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.| What Information Will I Need to Create an Advance Health Care Directive To create your document, please provide:| Governing State: The state where the Advance Health Care Directive will be executed.| Personal Information: Your full name and address.| Durable Power of Attorney for Health Care: Select if you have previously granted someone medical power of attorney. If not, you'll be asked if you want to designate a health care agent in this form.| Health Care Agent: The full name and address and contact information for the person appointed to be your health care agent as well as alternate health care agents, if any.| Extent of Decision-Making Authority: Specify any limitations you wish to place on your health care agents' decision-making authority.| Living Will: Choose under what circumstances you want to receive life-sustaining treatment or whether you want the decision to rest with your authorized agent.| Additional Directives: Describe any additional directives you wish to add, such as do-not-resuscitate orders or other people with whom treatment must be discussed.| Original Version and Copies: Where the original copy of the Advance Health Care Directive will be kept and any copies' location.| Date: The effective date of the document and County where it is executed.| Advance Health Care Directive Terms Terminal Condition: An illness likely to cause death or permanent unconsciousness and recovery would be rare.| HIPAA Waiver: A section of the Advance Health Care Directive allowing health care providers to release your medical history to your agent.| Conservator: A person put in charge of your finances while you are incapacitated.| Principal: The person for whom the document is drafted (i.e., whose wishes are described in the directive).| Of Sound Mind: Being in a capacity to think and reason as you would under normal circumstances.| Advance Health Care Directive Signing Requirements To be legally enforceable, an Advance Health Care Directive must be signed by the principal and all the agents appointed within. It needs to be signed in the presence of two unbiased witnesses whose signatures should also be on the document, or else a notary public must notarize the signatures.| What to Do with Your Advance Health Care Directive Once you've reviewed and executed the Advance Health Care Directive, keep the original for your records. Additionally, distribute a copy to each of your designated agents. It will remain in force until revoked in writing, or the original is destroyed.| The Advance Health Care Directive document does not need to be filed with any state or federal authority or records office.|

Nearly 20% of Americans have a Living Trust that protects their assets in several ways. When you place real estate, precious art, family heirlooms, savings accounts, or any other essential items into a Living Trust, you're no longer in charge of handling them. | A trustee takes over and oversees their management from that moment on. A trustee has a fiduciary duty towards the beneficiaries of the Living Trust and can't use the agreement for their personal gain. | Still, they can open bank accounts, buy and sell real estate, and perform similar actions. To do that, they need to prove to banks and other institutions that they're indeed the trustee. | However, as many people choose to create Living Trusts to avoid the probate process and retain privacy, trustees can't use the Living Trust agreement as evidence. Instead, they can use the Certification of Trust.

There are numerous essential benefits to purchasing a life insurance policy. In case of death, the policy can provide for your family – help pay the mortgage or provide college funds for your children. | When you buy the policy, you name the primary, secondary, and final beneficiaries. These decisions are not set in stone, and during your life, you have the right to change the beneficiaries of your policy or rearrange their order. | This process is not complicated but requires policyholders to send a Change of Beneficiary Letter to their insurance company.

Most people end up changing their first will. When you draft a Last Will and Testament, it typically includes numerous clauses related to your assets and wishes about how to distribute and entrust those assets. Consequently, a will would often need to be modified to reflect the principal's evolving needs and priorities.| To make changes to an existing will, there are two options. One is destroying the will and drafting a new document with the modifications. A Codicil allows you to make just about any change to the will, without having to annul the original. It works similarly to an agreement addendum.| What Is a Codicil? A Codicil is a legal document modifying an existing Last Will and Testament. Only the principal who created the original will can draft and execute a Codicil. They cannot be completed after the death of the original principal of a will. Usually, a Codicil is used after a significant change in a principal's material assets or lifestyle calls for a shift in how those assets should be handled upon their death.| Some of a Codicil's common changes include changing the beneficiaries of assets, changing the executor or administrator of the will, and assigning guardianship of the principal's children. Once executed, the Codicil becomes an official part of the will and is as valid as any of the will's original clauses.| Other Names for Codicil Depending on your state, a Codicil may also be known as:| Codicil to Will | Amendment to Will | Addendum to Last Will and Testament | Last Will and Testament Modification | Who Needs a Codicil Anyone who wants to modify their Last Will and Testament can use a Codicil to do so. In practice, you should only use a Codicil to make minor amendments and changes to a will. Any substantive changes to the language or the broader purpose of the will should be done with a new will.| Sometimes, a will may be executed with mistakes that make specific clauses unenforceable or difficult for the will to be administered. In those cases, a Codicil can be used not to make a change per se but to point out a mistake and offer a correction.| Typical changes made in a Codicil have to do with asset distribution, the will's executor, and funeral arrangements.| Why Use Trademarkia Legal Forms for Your Codicil Customized for you, by you Create your own documents by answering our easy-to-understand questionnaires to get exactly what you need out of your Codicil.| Specific to Your Jurisdiction Laws vary by location. Each document on Trademarkia Legal Forms is customized for your state.| Fast and easy All you have to do is fill out a simple questionnaire, print, and sign. No printer? No worries. You and other parties can even sign online.| How to Create a Codicil with Trademarkia Legal Forms For both your will and any Codicils to be legally enforceable, they must be drafted and executed per federal and local regulations. With our proprietary form generator, a few necessary details about your will and any additions and modifications to it are enough to generate a document that complies with your jurisdiction regulations.| Let Trademarkia Legal Forms help with our extensive library of attorney-vetted legal forms. The process is fast and easy. All you have to do is fill out our easy-to-understand questionnaire. Once complete, simply download your form as a PDF or Word document from your secure online account.| What Information Will I Need to Create a Codicil To create your document, please provide:| Governing State: The state whose laws govern this Codicil.| Execution Details: The date and location where the Codicil will be signed.| Current Will information: The date when your existing will was executed and how many previous Codicils have been made to the will.| Codicil Details: Provide a complete description of the changes and revisions you want to make to your will precisely as they appear on the Codicil.| Witnesses: Choose whether or not you know who will be witnessing the signing of the Codicil.| Codicil Terms Testator: A person who made or is making a will.| Per Stirpes: A clause in a will that transfers assets that would go to a person to that person's inheritors if the person dies before the will is executed.| Probate: A legal process by which a court of law examines and approves the execution and administration of a will as it is written.| Intestate: If someone dies without a valid will, the person is intestate, and the state laws determine who inherits the intestate's assets.| Residuary Estate: Any assets remaining undistributed after a will is executed because they're not explicitly mentioned.| Codicil Signing Requirements To be legally enforceable, a Codicil must be signed by the testator modifying their will and two qualified witnesses who observe the signing. The Codicil must be executed in the presence of a notary public unless it is completed in a state allowing the use of a self-proving affidavit. The self-proving affidavit is included in the Codicil.| What to Do with Your Codicil Once it is signed, keep an executed copy of the Codicil attached to your Last Will and Testament. You may also distribute copies to beneficiaries of the will and any other person entrusted with a copy of your will.| There is no need to file a will with any state or federal records office during your lifetime. However, it will need to be filed with the will when it goes into the probate process.

The idea of Digital Asset Inventory didn't exist until recently. But these days, it's a concept everyone should be familiar with. | The average person who uses technology every day probably has a much longer list of digital assets than they might believe. Think of all the smart devices, online merchant accounts, purchased software, social media accounts, and email accounts you possess. These represent your digital assets. | Even if you have all the passwords and usernames stored in your head or on a piece of paper somewhere, they're likely not adequately organized. So, what happens to your digital assets after you die?

There are many benefits to creating a Revocable Living Trust during your lifetime. If your net worth is over a certain threshold and you own multiple properties, this is an excellent way to protect them.| Revocable Living Trusts can help beneficiaries avoid probate court, provide the Grantor with more protection, and are an excellent estate planning tool.| However, one of the perks of using a Revocable Living Trust is that you can always make amendments when circumstances change.

A common misconception is that the ownership rights to your assets automatically transfer to your loved ones intact after you pass. Your wealth can be significantly taxed and reduced after death, whether in real estate, bonds, personal items, or other assets.| There are various ways to ensure your loved ones or others you might want as beneficiaries don’t lose too much. While most people opt to leave a will, setting up a trust is often a better option, especially if you have significant assets.