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480-655-7440

Arizona Attorneys, With Law Offices In Mesa
Mesa Arizona Estate Planning Attorney
  • 1930 North Arboleda, Suite 201
    Mesa, AZ 85213
    480-655-7440
    40 N. Central Avenue, Suite 1400
    Phoenix, AZ 85004
    480-325-9937
    [email protected]
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      Planning for the Future with Gunderson Denton

      The 4 Estate Planning Documents Everyone Needs

      The 4 Estate Planning Documents Everyone Needs, by Brent Gunderson with Gunderson, Denton, & Perterson
      There are many different documents that can go into an estate plan. However, not everyone will require a complex estate plan that uses many of those documents. Of course the criminal record is a must, we always have to get a police check for any other meeting or formal appointment.
      There are 4 planning documents that everyone should have though: a will, a durable power of attorney, an advance medical directive and a revocable trust.

      Will

      A will is the document that allows you to state who will receive your property upon your death. According to an estate planning attorney, you can use your will to appoint someone to represent your estate, and that person will be responsible for distributing your assets. With a will, your remaining assets will go through the court system, which will decide who gets what.

      A will also dictates who will care for your children if you pass away when they are still minors. It can assure that they are raised by the person or people of your choice, and help avoid any conflict between your family members.

      Durable Power of Attorney

      In accordance with a estate planning attorney this document will allow your family members to use your finances to care for you if you should become incapacitated. If you are medically incapacitated, your family will face many health care bills, in addition to your own bills. With this document, you allow your family to write checks on your behalf and take care of your finances for you.

      Advance Medical Directive: Medical Power of Attorney

      An advance medical directive states your medical wishes in the even that you are not able to state them yourself. It also appoints a person to make medical decisions on your behalf, and includes a healthcare power of attorney and a living will.

      In your living will you can express your wishes regarding life support or other life sustaining measures. It lets people know you wishes, but does not let anyone speak for you. The healthcare Power of Attorney does designate someone to make medical decisions on your behalf.

      Revocable Trust

      A revocable trust allows you to provide continued management for your finances during your lifetime, upon your death or even for your beneficiaries. A revocable trust lets your assets avoid probate and reduces the chances that your personal information will become public. There are 3 main components to a revocable trust: a grantor who creates the trust and provides the assets for it, the beneficiary(ies) who receives the assets and a trustee who manages the assets.

      Not everyone requires a very complicated estate plan. However, there are 4 estate planning documents that everyone should have. If you need help writing your estate plan or need help with any of these 4 types of documents, please give us a call.

      Author Brent Gunderson Posted by

      Mesa Location:
      1930 N Arboleda #201
      Mesa, Arizona 85213
      Office: 480-655-7440
      Fax: 480-655-7099
      Email: [email protected]
      Website: GundersonDenton.com

      Phoenix Office:
      40 N Central Ave #1400
      Phoenix, AZ 85004
      Phone: 480-325-9937
      Website: http://gundersondenton.com/phoenix

      Lawyers for estate planning and immigration in Mesa, Arizona

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      Estate Planning
      Professionals

    • Mesa Arizona Estate Planning Lawyer Brent Gunderson
      Debbie Mitchell, estate planning paralegal at Gunderson Denton
      Paralegal For Estate Planning Lindsey Rice
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      Additional Estate Planning Resources

      irs.gov - Estate Planning Info For Small Business And Self Employed Individuals

      irs.gov - Estate And Gift Taxes

      Estate Planning Resources And Tools From The Wealth Counsel

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      1930 N Arboleda #201
      Mesa, AZ 85213
      Phone:480-655-7440

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