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What are some typical estate planning documents?

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What are some typical estate planning documents?

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Several of the following documents are typically used as part of the estate planning process: • A Will, sometimes called a Last Will and Testament, to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or Executor) to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate. You can execute a new will as long as you are still alive and mentally competent. • A Durable Power of Attorney for Health Care or “Health Care Proxy” appoints a person you designate to make decisions regarding your health care treatment in the event that you are unable to communicate with your doctors. • A Living Will or Directive to Physicians is an advance directive that gives doctors and hospitals your instructions regarding the nature and extent of the care you want should you s

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Several of the following documents are typically used as part of the estate planning process: (1) A Will, sometimes called a “Last Will and Testament”, to transfer property you hold in your name to the person(s) and/or organization(s) you want to have it. A Will also typically names someone you select to be your Personal Representative (or “Executor”) to carry out your instructions and names a Guardian if you have minor children. A Will only becomes effective upon your death, and after it is admitted to probate. (2) A “Durable Power of Attorney for Health Care” or Health Care Proxy appoints a person you designate to make decisions regarding your health care treatment in the event that you are unable to provide “informed consent”. (3) A “Living Will” or “Directive to Physicians” is an advance directive which gives doctors and hospitals your instructions regarding the nature and extent of the care you want should you suffer permanent incapacity, such as an irreversible coma. (4) A “Durab

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