Foundational Will And Trust Planning

Who will make your health care and financial decisions when you are unable? How will your assets be distributed at death? How will you be interned and with what type of memorial services? With Foundational Will and Trust Planning we can you answer these questions through drafting these documents:

  • Health Care Power of Attorney (HCPOA): A HCPOA allows you to designate whom you wish to make your health care decisions when you are unable.
  • Health Care Decision Matrix (HCDM): If you designate a HCPOA, then a HCDM should also be completed. This document tells your HCPOA what medical treatments you desire or do not desire in certain circumstances.
  • Health Insurance Portability and Accountability Act (HIPAA) Release Form: Because HIPAA prohibits even spouses or close family members from access to your health care information, you should sign a HIPAA release.
  • Donor Registry Enrollment (DRE): A DRE allows you to choose to be an organ donor or donate your body for scientific study. You can also declare to have your body left alone.
  • Financial Durable Power of Attorney (FDPOA): A FDPOA allows you to designate who will make financial decisions for you and personal decisions for your minor/disabled children.
  • Final Disposition Authorization and Instructions (FDA): A FDA allows you to address how and where you want your body interned, who will be responsible for carrying this out, etc.– decisions that when carefully thought through can save your estate thousands of dollars and save your grieving loved ones from having to make these decisions.
  • Will: A Will enables you to choose an executor of your estate, express to whom you want to distribute your assets, wave bond for your executor (saving potentially thousands of dollars), and prevent over eighteen year olds from inheriting hundreds of thousands of dollars until they’re twenty-one.
  • Living Revocable Trust Agreement (LRTA): A LRTA is a Will substitute, which if appropriate, has these advantages over a Will. (1) It will help you save thousands to tens of thousands of dollars in probate costs. (2) It makes the distribution of your assets private versus the public process of probating a Will. (3) It can protect money for a spouse who is easy manipulated or not financially able to manage money. (4) It can ensure your money goes to your children and not your spouse’s new mate in the case of remarriage. (5) It can prevent your immature eighteen year old high school senior from inheriting hundreds of thousands or millions of dollars that controlling individuals can manipulate them out of. (6) Finally, it can preserve assets for a child who would lose the money to creditors, if given outright.
  • Certificate of Trust (CT): A CT is the condensed version of your Trust without the personal information. It is presented to financial institutions when transferring property to your trust.
  • Declaration of Trust (DT): A DT is a document that declares all your property is transferred to your trust in case you neglect to actually transfer certain assets.
  • Assignment of Personal Property (APP): The APP declares that all your household goods and other physical property is transferred to your trust.
  • Instructions for the Distribution of Our Personal Property (IDOPP): The IDOPP allows you to write out who you want certain items of physical property to go to after you have drafted your estate documents.
  • Summary of Estate Planning Provisions (SEPP): The SEPP gives a summary of the content and purpose of each document and each clause in your trust.
  • Summary Of Fiduciaries And Other Designated Persons (SFODP): The SFODP is a summary of the people you chose to be your executors, trustees, and agents.
  • Summary of Client’s Information (SCI): The SCI is a summary of your personal information and the details of how you decided to distribute your property at death.