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Estate Documents
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Estate Documents

A Last Will and Testament is the cornerstone of every estate plan. It allows people to distribute assets according to their own wishes, appoint guardians for children, and even provide for a favorite charity. But an competent estate plan doesn’t end there. There are other important Estate documents that you should have in place. A Statutory Durable Power of Attorney, for example, lets you appoint a trusted family member or friend to make financial decisions and handle other important matters in your absence.  A Medical Power of Attorney allows you to appoint an individual to make medical decisions on your behalf if you are unable to do so. A Medical Directive is a document detailing your desires regarding end of life decisions when you have been diagnosed with a terminal condition or are in an irreversible vegetative state.

A full Estate Plan is the best way to make sure your assets are distributed the way you would like them to be and allows you to appoint individuals to make decisions on your behalf when you are unable to do so. Without a Will, your property will be divided based on Texas Law. If you want to leave money to a charity, appoint a guardian for your children, or protect your business after you’re gone, a comprehensive estate plan is the only way to make sure your wishes are known.

An annual or biennial review is always recommended.  Every year brings significant changes in everyone’s life: marriage, birth of children, grandchildren, changes in a beneficiary’s circumstances that may require their gifts be placed in a trust. We can help you create a Last Will and Testament, update your current Will or just use a Codicil to Will to make changes to your existing one. We will also help you make changes to other assets by providing for various designations so that your heirs will have immediate access to the assets upon your death.

The Law Office of Diane St. Yves can help you can help you create, revise or update your important estate documents. Learn more about these documents below.

In addition to a Last Will & Testament, Estate Documents include:

Living Will/Medical Directive

A Living Will or Medical Directive, also called a Directive to Physicians or Advanced Directive, is a document that lets people state their wishes for end-of-life medical care in case they become unable to communicate their decisions. It has no power after death.

A Medical Directive allows you to convey to your medical providers what your decision is for end-of-life care whether  you are diagnosed with a terminal illness or are in an irreversible medical condition. This allows you to make the choice that is best for you, your beliefs and wishes. This takes this enormous burden off the shoulders of your family and caregivers.

 

The Law Office of Diane St. Yves and our experienced attorneys can help you create a Living Will, to make sure your wishes are met in a medical emergency.

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Statutory/Durable Power Of Attorney

A Statutory/Durable Power of Attorney (POA) is a legal document that lets you appoint someone to handle financial and legal matters or make other specified decisions on your behalf. The person authorizing the other to act on their behalf is referred to as the principal, grantor, or donor. The person authorized to act is the agent or attorney-in-fact. With a power of attorney, the person you appoint will be legally permitted to take care of important matters for you, including paying your bills and managing your investments, if you are unable to do so for yourself or if you are unavailable. You can designate someone to act in your behalf upon your incapacity or it can become effective immediately. It can also be as broad or as narrow as you wish it to be.

The Law Office of Diane St. Yves and our experienced attorneys can help you write a Power of Attorney, to make sure your wishes are met in a medical emergency.

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Living Trust

A living trust (sometimes called a “revocable” trust) is a written legal document through which your assets are placed into a trust for your benefit during your lifetime and then transferred to designated beneficiaries at your death by your chosen representative, called a “successor trustee.”

This document makes sure your property goes to the right people, at the right time and at the least cost. Living trusts helps you manage and distribute your property efficiently without court interference.

The Law Office of Diane St. Yves and our experienced attorneys can help learn more about living trusts. Our attorneys offer sound legal advice

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Declaration of Guardian Should the Need Arise

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Declaration of Guardian Should the Need Arise is a prophylactic document that most likely will not be necessary because you will have all of the foregoing documents in place. The Texas Estates Code gives wide range of standing to individuals who wish to seek a guardianship over an individual. This document identifies the individuals you believe are to handle decision-making on your behalf. It also allows you to state the individual(s) who you would not want to be your guardian.

The Law Office of Diane St. Yves and our experienced attorneys can help learn more about living trusts. Our attorneys offer sound legal advice

Contact Us Now…

The of Diane St. Yves in estate planning can help assist you with all your Estate Documents. Call 281-501-1558 to schedule a consultation or fill in the contact form on this page and meet with one of our family law attorneys.