A Phoenix paralegal can help estate owners with arranging their estate for the first time, and there are several different estate planning documents that make up the foundation of a good estate plan that a Phoenix paralegal can help with.

A last will and testament is a key part of an estate plan

A last will and testament is a fundamental part of any estate plan and a Phoenix paralegal can help estate owners draft an adequate last will and testament. The last will and testament has information on how an estate owner’s property should be distributed, and it also names a person to be an executor of the state, or an administrator of the estate’s affairs after the estate owner’s death. Typically a last will and testament is interpreted in probate court, however probate court can be avoided with a trust which can also be created by a Phoenix paralegal.

Trusts are another integral part of an estate plan

A Phoenix paralegal can help estate owners set up a trust, and a trust can be used to avoid probate court for the asset or assets that it was established for. Most estate plans will have at least one trust, as there are many benefits to avoiding probate court. Setting up a trust will normally require the help of a Phoenix paralegal or other estate planning expert, and there is a cost associated with it, but once it has been set up it can be an excellent way to transfer wealth and assets to beneficiaries. Even small assets can be managed through a trust with the help of a Phoenix paralegal.

Advanced health care directive

An advanced health care directive can be drafted with the help of a Phoenix paralegal and it provides instructions on the types of medical treatments that should be used to preserve a person’s life. The advanced health care directive is used in conjunction with a medical power of attorney. The medical power of attorney assigns an individual to be a health care proxy, and this person can make decisions on the incapacitated person’s behalf regarding medical treatments. Other types of power of attorney documents can be created with the help of a Phoenix paralegal for an estate.

 

 

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If you are not sure as to what legal document you currently have contact one of our professionals to help you with your planning needs. They will make sure you have all of your grounds covered and have the right legal documents that best suite your wants and needs.

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