Estate Planning Guide

Name	Estate Planning Guide
ISBN:	978-1-906144-12-8
Pages:	37
Pub. Date	August 2007
Edition	United States
Summary	This Complete Estate Planning guide teaches you the reuirements and needs of a proper estate plan. Learn about Last Will and Testaments, Living Wills and a Revocable Living Trust and different types of powers of attorney/
Includes:	Forms & Instructions
Format:	Downloadable

Discover the basics of estate planning . Learn about the various steps needed in estate planning. Learn about the benefits of a Last Will & Testament , a Revocable Living Trust Agreement, a Living Will and a Durable Health Care Power Of Attorney and why they are probably some of the most important estate planning documents that a person can have. When these documents are used in combination, they provide a solid estate plan catering for a speedy and tax efficient method of transferring your assets to your heirs.

Discover the benefits of the following areas:

1. Revocable Living Trust
     A Revocable Living Trust (also known as an inter vivos trust, a Living Trust or a Family Trust) is a type of trust created for the purpose of holding ownership of an individual's assets during that person's lifetime, and for distributing those assets after their death.

2. Last Will and Testament
     A last Will and Testament is legal document which specifies how your assets are to treated after you are deceased. If you'd like to have a say in who receives your possessions when you die, and would also like to save your family thousands of dollars in unnecessary taxes and intestate administration proceedings in the process, then you must have a valid Last Will and Testament.

3. Living Will
     A Living Will is a document that allows you to designate a person (an "Agent") who will have the authority to make health care decisions on your behalf if you are unconscious, mentally incompetent, or otherwise unable to make such decisions. Unlike the Health Care Power of Attorney, you can also express your specific wishes regarding whether you wish to receive "life-sustaining procedures" if you become permanently comatose or terminally ill.

4. Powers of Attorneys
Powers of Attorney forms can be used for a multitude of different tasks. Once completed these fors can provide you with vast protection and control strategies over your estate even when you become incapaciated. They can save thousands and ensure that your estate is not depleted throughout the probate process.

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