Danielle Streed & Assoicates, PLLC
Last Will And Testament, Will And Testament
The Last Will and Testament, called a “pour over Will”, catches any assets that were not re-titled into the name of the Trust and transfers them to the Trust at the time of death. This is also the document used to name a guardian for a minor or disabled child.
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The first step in Probate is to file a petition to open an estate with the Probate Court.
The Durable Power of Attorney authorizes an “agent” to manage your finances if you are incapacitated, ill, out of town, hospitalized or unavailable.
The Designation of Patient Advocate allows you to name an advocate who can make medical decisions for you in the event you become incapacitated.
A Revocable Living Trust avoids Probate proceedings at the time of death.
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