1. Advance Healthcare Directives
also known as a living will
Most important if you wish to
"die with dignity," i.e. prevent
the imposition of extraordinary
measures by your doctors or
your next of kin. OR name
someone other than next of kin
to make healthcare decisions when you are out of it.
"The death rate is running right around 100%."
the Reverend Billy Graham
"Your coffin may already be in town."
for Social Security Disability,
go to SSIApply.com.
Vivian Munson, Attorney at Law
A durable power of attorney will be effective after you have become incompetent, if you check the box to authorize that.
You can find approved Alaskan forms online, with detailed explanations provided by Alaska Legal Services. You may need further advice to complete the complicated documents.
You could download a sample will from the internet. It might be sufficient but more likely it will leave problems and costs for your heirs. A properly drafted will is important. Expect three appointments and several phone calls to get it done.
3. Last Will & Testament
2. Power of Attorney
A power of attorney [POA] is a document that authorizes another person to make specific legal decisions for you. It is valid only
so long as you are competent.
Copy to your browser- http://dhss. alaska.gov/dph/Director/
RICH, POOR OR IN-BETWEEN, YOU NEED AT LEAST TWO :
Last Will & Testament
Durable Power of Attorney
Advance Healthcare Directives
Revocable Living Trust
Make an appointment. Together, we can determine a fee that you can afford.
4. Revocable Living Trust, Testamentary Trust, Special Needs Trust, Miller Trust
A trust starts out as a document that names beneficiaries, and sets out the duties of the trustee(s) toward them. It associates with a bank account that must be funded at the right time with the right assets. A trust is a legal entity and has a Tax ID number.
Not everyone, or every family, needs a trust. A trust does not avoid probate, or taxes. It can be complicated and expensive to set up. But it is an invaluable tool for financial management and protection of both individuals and assets.