What is a Power of Attorney?
A Power of Attorney is a legal document that appoints another individual, known as your “agent”, to handle your financial matters.
What is an Advance Medical Directive or Health Care Power of Attorney?
An Advance Medical Directive/Health Care Power of Attorney is a legal document that appoints another to make health care decisions when you are unable to make them yourself. This document also allows you to provide your wishes regarding end of life care.
What is a Will?
A Will allows you to decide who is to receive property when you die, and how much each person is to receive. Your Will appoints an Executor, who will oversee the administration of your estate and distribute the property to the individuals you have named. Also, the Will allows you to appoint guardians should you have minor children.
What is a Revocable Living Trust?
A Revocable Living Trust is a trust that you establish during your lifetime. You are the trustee and beneficiary of your own Revocable Living Trust. The primary purpose of creating a Revocable Living Trust is to avoid probate.
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