The Meyring Law Firm did everything possible to help us. Because of our age, we do not get around so well, we were happy when the Meyring Law Firm came to our house to prepare our Last Will and Testaments and Codicils. They were friendly and kind and professional is all aspects. We would wholeheartedly recommend the Meyring Law Firm to anyone.

Essential Estate Planning Documents

Most financially savvy individuals are aware that they should include estate planning as a part of their overall financial planning, but too many of us procrastinate, especially when we aren't sure of which estate planning documents would best serve our individual needs.

We view estate planning as a systematic approach to organizing one's personal and financial affairs in order to deal with the parts of life that we cannot entirely control such as accidents, illness, mental incapacity and death.

Depending on your individual situation and your family dynamics, your estate plan will include four or five essential estate planning documents. An Atlanta estate planning attorney from Meyring Law Firm will be able to assist you in preparing the documents that you will need for your unique situation.

Taking the Will-Based Approach

If your current situation does not warrant the need for a revocable living trust, then your estate plan should include the following estate planning documents:

  1. Will
  2. Advanced directive for health care (ADHC)
  3. Power of Attorney

In a will-based estate plan, your will contains a detailed list of instructions as to how your property shall be distributed when you pass away. If you have minor children, your will shall appoint a guardian for your children.

The Trust-Based Approach

If your financial and family situation would be well-served by a more sophisticated estate plan, then your estate plan should include the following estate planning documents:

  1. Revocable living trust
  2. Pour over will
  3. Advanced directive for health care (ADHC)
  4. Power of attorney

If you create a trust-based estate plan, your pour over will can be used as a safety net to capture any assets that were not funded to your trust before your death. Pour over wills contain minimal instructions since the revocable trust is the principal document governing your estate plan.

Power of Attorney: A general power of attorney gives your agent broad legal authority over your affairs should you become incapacitated, whereas a special power of attorney allows your agent to make decisions in limited situations.

Advanced Directive for Health Care: An advanced directive for health care (ADHC) is a legal document where you can (1) appoint a health care agent, and/or (2) direct the withholding or withdrawal of life-sustaining procedures such as nourishment and hydration if you are in a terminal condition or a permanent state of unconsciousness.

Let Us Help You Plan for Your Future

Are you interested in planning for your future? Meyring Law Firm can guide you every step of the way. Contact our office today to schedule your free case evaluation by calling (678) 956-7380 today!