estate planning documents checklist christians

Our content is not intended to provide legal, investment or financial advice or to indicate that a particular Capital One product or service is available or right for you. Store all estate planning documents and records carefully If you don’t appoint someone for this duty, then state law usually dictates who can make funeral arrangements.Ħ. The person should be someone you trust who agrees to carry out your instructions. It’s a good idea to choose a person to handle these arrangements and communicate with the funeral home. Creating a funeral directive: This type of directive includes instructions for the type of funeral you want, your burial or cremation wishes and how the funeral will be funded.A medical proxy is similar, and they can make medical decisions on your behalf if you become incapacitated. Appointing a power of attorney: A power of attorney is a legal document that appoints someone you trust to handle your financial or legal affairs.A trust is a legal arrangement where you transfer ownership of your assets to a “trustee.” Trusts may help your heirs avoid the court probate process, saving them time and money. Setting up a trust: You might decide to move some of your financial accounts and property to a living trust.These can help guide choices for caregivers and doctors if you’re ill, injured, having memory issues or nearing the end of life.

A will is one type of directive, and there are others to choose, too. An advance directive is a legal document that allows someone else to make decisions if you’re unable to do so yourself.

Estate planning documents checklist christians