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LawyerFree wants to make sure that you feel safe that you've chosen the right legal documents! To make things easier, we would like you to know what your Wills and Living Trust Package includes:
LAST WILL
• Distributes property to beneficiaries
• Names guardians for minor children
• Requires probate
A Last Will is used to distribute property to beneficiaries, specify last wishes, and name guardians for minor children. It is an important part of any estate plan. Without one, the courts will make these critical decisions for you.
LIVING TRUST
• Transfers property faster than a last will
• Includes free pour-over last will and testament
• Does not usually require probate
A Living Trust is used to transfer property to beneficiaries. But unlike a last will, a living trust is not usually subject to probate court, which can take years and cost thousands in court fees. A Living Trust includes a free Last Will and Testament to name guardians for minor children and specify last wishes.
LIVING WILL
• Specifies wishes for artificial life support
• Not used to distribute property
• Includes free healthcare power of attorney
A Living Will lets you outline important healthcare decisions in advance, such as whether or not to remain on artificial life support. A Living Will includes a complimentary Health Care Power of Attorney that allows you to appoint someone you trust to make critical health care decisions for you.
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