A Last Will and Testament is the cornerstone of every estate plan. It allows people to distribute assets, 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 Power of Attorney, for example, lets you appoint a trusted family member or friend to make financial and medical decisions on your behalf, a Living Trust helps you provide for your children without the hassles of probate court and a Living Will containing a written statement detailing a person’s desires regarding their medical treatment in circumstances in which they are no longer able to express informed consent.
A full estate plan is the best way to make sure your assets are distributed the way you would like them to be. 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, an estate plan is the only way to make sure your wishes are known.
It’s also a good idea to consider updating your documents whenever you have a big change in your life. A marriage, the birth of a child, a new business venture, or the purchase of a home are great reasons to take a look at your estate documents. 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.
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.
Estate Documents include:
A Living Will, 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 Living Will is importatnt because it states your wishes regarding life support in the event that you cannot communicate your end-of-life wishes. Your Living Will only comes into effect if you are in a persistent vegetative state or irreversible coma and can no longer make and communicate your own wishes.
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.
Power Of Attorney
A power of attorney (POA) is a legal document that lets you appoint someone to handle financial and legal matters 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. A durable power of attorney (DPOA) serves the same function as a power of attorney, however, a durable power of attorney is effective even if you become incapacitated.
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.
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
The experienced estate probate law attorneys at St. Yves Law Firm 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.