What documents do I need for estate planning?
For estate planning, you typically need a will, a power of attorney, and a healthcare directive.
Can you explain what a power of attorney is?
A power of attorney is a legal document that allows someone to make decisions on your behalf if you are unable to do so.
What is the difference between a will and a trust?
A will outlines how your assets will be distributed after your death, while a trust can manage your assets during your lifetime and after.
Do I need a lawyer to create these documents?
While you can create some documents yourself, it's often advisable to consult a lawyer to ensure everything is legally sound.
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