1. Revocable Living Trust:
First on the list is the Revocable Living Trust—an instrumental document that allows you to maintain control of your assets during your lifetime while seamlessly transitioning them to your beneficiaries upon your passing. Learn the ins and outs of setting up a trust, understanding its flexibility, and why it might be a game-changer for your estate plan.
2. Durable Power of Attorney:
Next up, we'll explore the importance of a Durable Power of Attorney. Discover how this document grants a trusted individual the authority to manage your financial affairs in case you become incapacitated. We'll discuss the responsibilities, limitations, and the peace of mind that comes with having a designated person to make critical decisions on your behalf.
3. Advanced Health Care Directive:
Last but certainly not least, we'll shed light on the Advanced Health Care Directive—a document that empowers you to outline your medical preferences and appoint someone to make healthcare decisions when you can't. We'll navigate through the specifics of healthcare wishes, life-sustaining treatments, and how this directive ensures your voice is heard in critical moments.
This video is presented for educational purposes only. It is not meant to provide legal advice. For us to provide you with legal advice, we need to meet with you to understand your specific issues.
To make an appointment, call us at 650-493-8070 or visit our website: www.gilfix.com
Read More
By: Gilfix Law
Title: 3 Essential Estate Planning Documents: Secure Your Legacy
Sourced From: www.youtube.com/watch?v=DQcCHax0HbQ
-------------------------------
Did you miss our previous article...
https://trendingintaxation.com/videos/new-tax-laws-in-2024-explained-watch-before-filing
