Our goal is to create an easy-to-use and low-cost option for estate planning.
First, create a profile. Second, answer a series of questions. We will use your information to prepare drafts of your estate planning documents. You will be able to review the questions and your answers before you click “submit.” As soon as your answers have been submitted your estate plan drafts will be created and emailed to you.
When you receive the drafts, review the documents carefully. If your documents need changes or corrections please let us know. WHEN YOU RECEIVE THE DRAFTS, REVIEW THE DOCUMENTS CAREFULLY. IF YOUR DOCUMENTS NEED CHANGES OR CORRECTIONS PLEASE LET US KNOW. We will make any changes needed and finalize your documents for signing. We will also contact you to schedule a meeting at our FBFK office to sign your documents. At our meeting we will review and explain all of your documents. If you have questions or concerns, we will answer and address them. You will then sign your documents. The signed documents will be scanned, and copies made. You will leave the meeting with your original signed documents and a set of paper copies. We will email scanned digital copies of your signed documents as well.
What is included in a living trust document package? (for a single person there will be one of each document. For a married couple there will be one trust agreement and two of all other documents – each spouse will have their own.)
A revocable living trust agreement – Provides the framework for how your property will be managed and distributed during your lifetime and upon your death.
Simple “pour over” will(s) - Directs any property remaining in your estate at your death to your trust. Provides for the distribution of personal effects and if you have minor children, appoints a guardian.
Durable (financial) power(s) of attorneyWhat is included in a will package Will(s) – which, depending on your choices may include trusts for your spouse and/or children. The provisions direct how your assets are to be distributed at your death. Your will also appoints your executor (the person who carries out your directions). If you have minor children, your will names the person or persons you would like to serve as guardian of your children.
The documents included in every will package are:
A Last Will and Testament describes how your assets are distributed at your death. In your will you appoint the person or persons who will carry out your wishes (the executor). If you have minor children a will also names the guardian of your children.
A Durable Power of Attorney allows you to appoint specific people to serve as your agent in financial transactions. The power can become effective immediately or only in the event of your disability or incapacity.
A Medical Power of Attorney allows you to appoint specific people to make medical decisions for you if you are unable to speak for yourself.
A HIPAA Release lists the people you authorized to access your private health information. For example, it allows the persons named to speak to your doctors about your treatment history and possible treatment options.
The Directive to Physicians states your treatment preferences when you do not have the ability to communicate and you are suffering from a terminal or irreversible condition that will result in your death if you do not receive that treatment.
