This package contains the following forms:
1. Last Will
2. General Durable Power of Attorney
3. Statutory Designation of Standby Guardian
4. Statutory Advance Health Care Directive
5. Estate Planning Questionnaire and Worksheets
6. Personal Planning Information and Document Inventory Worksheets
Bonus financial forms!
1. Last Will - Complete this form to detail in writing your wishes regarding who is to receive your property at death and who will administer your estate. It also enables you to appoint trustees or guardians, if applicable.
2. General Durable Power of Attorney for Property and Finances Effective Immediately - This General Durable Power of Attorney is a general, durable power of attorney which is effective IMMEDIATELY. The powers granted to an Agent in this Power of Attorney are very broad. This Power of Attorney does NOT provide for health care services. This form complies with all applicable state statutory laws.
3. Statutory Designation of Standby Guardian - This is a form provided for by the Maryland Code. A standby guardian is someone whom you appoint to be the temporary guardian of your child(ren) in the event that (1) your doctor concludes that you are mentally incapacitated, and thus unable to care for your child(ren); or (2) your doctor concludes that you are physically debilitated, and thus unable to care for your child(ren). A standby guardian's authority will cease 180 days after beginning unless by that date the standby guardian petitions the court for appointment as guardian. You retain full parental rights even after the beginning of the standby guardian's authority, and may revoke the standby guardianship at any time.
4. Statutory Advance Health Care Directive - This form is provided for in the Maryland Code and is a statutory Advance Directive regarding your decisions and choices concerning your health care. It allows you to select a health care agent, give health care instructions, or both. If you use the advance directive, you can make decisions about life-sustaining procedures in the event of terminal condition, persistent vegetative state, or end-stage condition. You can also use the advance directive to make any other health care decisions.
5. Estate Planning Questionnaire and Worksheets - This Estate Planning Questionnaire and Worksheet is for completing information relevant to an estate. It contains questions for personal and financial information. You may use this form for client interviews. It is also ideal for a person to complete to view their overall financial situation for estate planning purposes.
6. Personal Planning Information and Document Inventory Worksheets - This form enables you to document matters relevant to your life and personal planning such as the location of your important legal documents, relatives names, contact information, medical information, financial asset inventory and more. The Montgomery Maryland Life Documents Planning Package is a comprehensive legal package that includes the essential documents necessary for planning and managing important life decisions. These documents consist of a Will, Power of Attorney, and Living Will, which are crucial components of any comprehensive estate plan. The Will is a legal document that outlines how an individual's assets and property should be distributed upon their death. It ensures that the individual's wishes are properly executed and helps avoid potential conflicts and disputes among family members. The Power of Attorney is another important document included in the Montgomery Maryland Life Documents Planning Package. It grants a designated person the authority to act on behalf of the individual in financial and legal matters, should they become unable to make decisions for themselves. This allows for seamless management of financial affairs and the ability to make important decisions in case of incapacitation. The Living Will, also known as an Advance Healthcare Directive, is a document that dictates the individual's wishes regarding medical treatment and end-of-life care. It provides guidance to healthcare professionals and loved ones about medical interventions and life-sustaining treatments the individual desires or wishes to decline. In addition to the aforementioned core documents, the Montgomery Maryland Life Documents Planning Package may also include other supplementary documents, depending on the specific needs and circumstances of the individual. These may include a Trust, which can help manage assets and avoid probate, as well as documents related to guardianship and healthcare proxies. By having these legal documents in place, individuals can ensure that their wishes are respected, their assets are distributed according to their desires, and their loved ones are well taken care of. The Montgomery Maryland Life Documents Planning Package provides a comprehensive solution to address these important life planning needs, offering peace of mind and protection for individuals and their families.
The Montgomery Maryland Life Documents Planning Package is a comprehensive legal package that includes the essential documents necessary for planning and managing important life decisions. These documents consist of a Will, Power of Attorney, and Living Will, which are crucial components of any comprehensive estate plan. The Will is a legal document that outlines how an individual's assets and property should be distributed upon their death. It ensures that the individual's wishes are properly executed and helps avoid potential conflicts and disputes among family members. The Power of Attorney is another important document included in the Montgomery Maryland Life Documents Planning Package. It grants a designated person the authority to act on behalf of the individual in financial and legal matters, should they become unable to make decisions for themselves. This allows for seamless management of financial affairs and the ability to make important decisions in case of incapacitation. The Living Will, also known as an Advance Healthcare Directive, is a document that dictates the individual's wishes regarding medical treatment and end-of-life care. It provides guidance to healthcare professionals and loved ones about medical interventions and life-sustaining treatments the individual desires or wishes to decline. In addition to the aforementioned core documents, the Montgomery Maryland Life Documents Planning Package may also include other supplementary documents, depending on the specific needs and circumstances of the individual. These may include a Trust, which can help manage assets and avoid probate, as well as documents related to guardianship and healthcare proxies. By having these legal documents in place, individuals can ensure that their wishes are respected, their assets are distributed according to their desires, and their loved ones are well taken care of. The Montgomery Maryland Life Documents Planning Package provides a comprehensive solution to address these important life planning needs, offering peace of mind and protection for individuals and their families.
