Types of Documents
Understanding 'Schedule Of Assets'
What is a 'Schedule of Assets'?
Schedule of Assets:
The Schedule of Assets is a list of the assets held in your Trust and subject to its provisions. You can easily update it as you add or remove Trust assets. This document is included in the Trust-Based Estate Plan.
Non-Binding Documents:
The Schedule of Assets and Appendix are not legally binding documents and can be adjusted as needed without signatures.
How do I create a 'Schedule of Assets' document?
"When you purchase a Trust-Based Estate Plan, we create a 'Schedule of Assets' document based on the information you provide in the questionnaire, specifically when you're asked to list your assets."
How to Access Your 'Schedule of Assets' Document
You can view, download, or print your 'Schedule of Assets' directly from the Estate Plan tab:
How to Edit Your 'Schedule of Assets' Document
While you can't directly modify the final 'Schedule of Assets' document in your Estate Plan tab, you can add, edit, or delete assets in the Assets tab. Your changes will be reflected in the 'Schedule of Assets' document.
Understanding 'Last Will & Testament'
What is a 'Last Will & Testament'?
A 'Last Will & Testament', or simply 'Will', is an essential document in your Will-Based Estate Plan. It is a legal document that outlines your wishes regarding the distribution of your assets, care of any minor children upon your passing, and your wishes for funeral arrangements. This document will need to be signed and notarized to be legally binding.
What Your 'Last Will & Testament' Document Covers
Key Elements of an Estate Plan:
- Appointment of an Executor: Designate a trusted individual to manage your estate's affairs and ensure your wishes are carried out.
- Guardianship for Minor Children or Pets: Name a guardian to care for your children (or pets), providing peace of mind about their well-being.
- Final Arrangements: Specify your preferences for funeral arrangements and the handling of your remains.
- Specific Gifts: Leave specific items or amounts to friends, family, or others as a final gesture of affection.
- Charitable Donations: Contribute to a cause important to you, leaving a lasting legacy.
State-Specific Considerations:
Estate distribution laws vary by state, both with and without a Will. Our software is designed to adapt to the unique estate planning laws of the states we operate in. We work with legal experts to ensure our documents comply with the specific requirements of your state of residence.
How do I create a 'Last Will & Testament'?
When you purchase an Estate Plan, we create a "Last Will and Testament" document based on the information you provide in the questionnaire.
How to Access Your 'Last Will & Testament' Document
You can view, download, or print your Will directly from the Estate Plan tab:
How to Edit Your 'Last Will & Testament' Document
While you cannot directly modify the final 'Last Will & Testament' document that you see in the Estate Plan tab in your account, you can make changes to the specific sections that need to be updated via the Summary tab. These adjustments will then be reflected in your 'Last Will & Testament'.