What are some of the common documents in estate planning?
Will A will is a set of instructions that lists how you want your property distributed in the event of your death. A testator can choose to dispose of property by outright gifts or in trusts. Physician’s Directives Also known as “Living Wills”, “Do Not Resuscitate” (DNR) orders, and “Advance Directives,” these instruments notify health care providers in advance what sort of artificial life support you would like, if any, if you are ever diagnosed as being in an persistent vegetative state. Texas Power of Attorney A power of attorney document allows another to sign your name to documents and contracts for you. You can restrict the powers (called a limited power of attorney) or have the person sign just about anything on your behalf (called a general power of attorney.) Limited powers of attorney are handy if you need someone to sign your name to a specific contract. For example, if you need for someone to sign your name to a real estate closing contract while you are unavailable, you wo
