|
|
A living Trust is a revocable agreement that can be used as a tool to have your
assets held by someone else, namely, the trust. Putting some or all of your assets
in a living trust makes them easier to distribute at your death. A living trust
also acts as an asset protection device to keep your assets safe.
|
|
|
|
|
A last will is the most recent expression of your desires for the handling of your
financial and personal affairs when you die. A last will revokes any prior wills
or codicils you may have made. A codicil is simply an amendment of a will.
|
|
|
|
|
A power of attorney is a document by which you appoint someone else (your “attorney-in-fact,”
or “Agent”) to make decisions for yourself or with respect to your assets in the
event you are unavailable or unable to do so. Your Agent can help you when you need
it most.
|
|