Examples of Arizona Living Wills

When it comes to long-term planning, there are so many considerations to be hard in order to ensure that the process reflects your true wishes for your loved ones, assets and other components of your estate. For instance, Arizona estate planning may encompass a living will, traditional will and trust. These are completely different components with each its own purpose for a different aspect of your life. You can draft up each document on your own, and some people do so using a template. However, there are some definitely drawbacks to doing so and some very good reasons to utilize a custom created document.

Living Will

In Arizona estate planning, a living will is an important document that goes over your medical wishes should you be rendered incapable of making decisions on your own. For instance, the Do Your Own Will website offers links to living will documents in your own state so that you can create this document. However, when you use a form such as this, you may leave out specific information about your situation (for example, if you have a pre-existing condition, you may want your medical care handled by the person that has been helping you with said condition). For this reason, a customized document is best to ensure that you’ve covered all of your bases.

Traditional Will

This same principle applies to a will used as part of the Arizona estate planning process. While you can use a template to get you started, you certainly want to will to reflect who you are and what you want for your assets when you have passed away. The template can help you decide what you include, but it is always best to create this document for yourself.

Trust

A trust document should be custom created for you by a legal professional that you trust versus using a template. A trust template can’t help to foresee specific potential pitfalls for your situation and ensure that you include elements of your estate.

These are aspects of Arizona estate planning that you don’t want to overlook. However, it is key to plan to your custom needs, using a document specifically created to reflect those needs, to ensure that you don’t inadvertently leave out any important parts of your estate.

Need Help?

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