What are the two key documents used to prepare an estate plan?

The 4 Most Important Estate Planning Documents

  • A Last Will and Testament. When it comes to estate planning, having a last will and testament is likely the first thing that will come to mind.
  • A Document Granting Power of Attorney.
  • An Advance Medical Directive.
  • Revocable Living Trust.

Which of the following documents should be included in an estate plan?

Estate planning checklist

  • Last will and testament.
  • Revocable living trust.
  • Beneficiary designations.
  • Advance healthcare directive (AHCD) / living will.
  • Financial power of attorney (POA)
  • Insurance policies and financial information.
  • Proof of identity documents.
  • Titles and property deeds.

What is the most important legal document?

Five Must-Have Legal Documents

  • Guardianship Documents.
  • Health Care Power of Attorney.
  • Financial Power of Attorney.
  • Living Will.
  • Last Will and Testament.
  • U.S. Legal Services Can Help!

What important documents do I need to keep?

Important papers to save forever include:

  • Birth certificates.
  • Social Security cards.
  • Marriage certificates.
  • Adoption papers.
  • Death certificates.
  • Passports.
  • Wills and living wills.
  • Powers of attorney.

How do you organize end of life documents?

A desk or file cabinet is another option for organizing your important documents. Though perhaps not as secure as a safe deposit box or anchored home safe, a locked desk drawer or locked file cabinet can provide a sufficient spot to keep your important documents organized.

What documents do you need for probate?

You’ll need a copy of the death certificate for each of the deceased’s assets (eg, each bank account, credit card, mortgage etc), so before you can start probate, you’ll need to register the death.

Does AARP have estate planning?

Our FREE Personal Estate Planning Kit is a tool for organizing your estate — saving you time, protecting your assets, and helping you establish your legacy.