Wills, Trusts & Power of Attorney
The attorneys at Bruno Law draft the following estate planning documents:
- Last Will and Testament: A will is a legal written document that directs how you want your assets to be divided after your death. It can be rewritten as often as you would like. Depending upon your situation, wills can be simple or complex. Even a person with limited assets should have a will.
- Trusts: A trust is a legal document that can be created during a person’s lifetime and survive the person’s death. A trust can also be formed after a person dies if it is created by a will. A trust is a right to money or property that is held by a “fiduciary,” known as a trustee. A trustee holds title to the trust property on behalf of the beneficiary who is entitled to receive the benefits of the trust. There are many types of trusts available depending upon the needs of the trustmaker. These include living trusts, testamentary trusts, revocable trusts, irrevocable trusts, asset trusts for minors, charitable trusts, and tax planning trusts.
- Power of Attorney: A power of attorney is a legal document that allows one or more persons to act on your behalf and make financial and legal decisions if you been incapacitated and can no longer do so. The power may be limited or more general in application. If someone is named in a power of attorney, that person is often referred to as your “agent” or “attorney-in-fact.” Your agent can take any action provided for in the power of attorney document.
- Health Care Power of Attorney: A health care power of attorney is a legal document that allows one or more persons to act on your behalf to make medical decisions if you can no longer do so. If someone is named in a health care power of attorney, that person is often referred to as your “Health care agent” or “Health care attorney-in-fact.” Your agent can take any action provided for in the power of attorney document.
- Living Wills: A living will is also known as an advance directive. It is a legal document that informs healthcare providers and family members about your desire for medical treatment in the event that you are in a terminal state, unconscious, or not able to speak for yourself.
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