Five Must Have Estate Planning Documents.
Advance Medical Directives: You chose a personal representative to make healthcare decisions for you in case you become incapacitated or are unable to make healthcare decisions for yourself.
Living Will: You specifically address which medical treatments you want to receive in certain instances. This document is generally drafted in conjunction with the advance medical directives.
Durable Power of Attorney: You choose a trusted person to handle your finances if you are unable to do so. Your power of attorney can be effective immediately or upon the happening of a specific event, such as illness or incapacity.
Trusts: Allow you to transfer your assets and avoid court involvement if done correctly.
Wills: You choose who will benefit from your estate and can also name a legal guardian for your minor children, if applicable.