What are the different types of estate planning documents?

In Georgia, there are several types of estate planning documents that can help you manage your estate when you are no longer able to. These documents can help your family, friends, or other designated parties carry out your wishes when you are gone. The most common type of estate planning document is a Last Will and Testament. This document allows you to specify who will inherit your assets and how. You can also assign someone to be the executor of your estate, who will manage the process of winding up your affairs. Advance Health Care Directives are also important documents. These include documents such as living wills and healthcare powers of attorney. These documents allow you to specify your wishes regarding medical decisions, should you become incapacitated. You may also want a Durable Power of Attorney, which will appoint someone to take care of your financial affairs while you are not able to. Finally, you should also consider a Revocable Living Trust. This trust allows you to transfer your assets into a trust during your lifetime, and then sets out instructions for how those assets should be managed if something happens to you. These are the different types of estate planning documents that can help you plan for the future in Georgia. It is important to consult with an attorney to ensure that all of your documents are properly written and legally binding.

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