Estate Plan with Living Trust for Married Couple $499.00

AB Living Trust for a Married Couple

This interactive legal document enables you to generate an A/B Living Trust, which will both avoid probate and reduce estate tax at your death. Much like a will, a living trusts lets you leave your property to the people you want to inherit it. Also like a will, you can revoke or change your living trust at any time, for any reason, before you die. The big difference is that assets left in trust don't have to go through probate court proceedings at your death. This is because when you create a living trust, you must transfer ownership of the designated property to yourself as "trustee" of the trust. During your lifetime, you still have control over all the property transferred to your living trust and can do what you want with itsell it, spend it, or give it away. Then, after your death, the person you named to take over as trustee distributes the property to the family and friends you named.

2 X Will for a Married Person

A will enables a testator (the person making a will) to make sure that his/her family and loved ones are provided for and all possessions or property will be distributed in accordance with his/her wishes. This document is not designed for a complex and large estate that raises special tax considerations. This document should be used only for a basic estate which is below the threshold for the payment of inheritance tax and where discretionary trusts and settlements are not required. It has been specifically designed for use by a married person.

2 X Living Will and Health Care Power of Attorney - Idaho

Living Will and Health Care Power of Attorney -- a document which allows a person (the declarant), while healthy, to provide instructions regarding what healthcare he or she wishes to receive in situations of a coma or other critical medical condition where the person cannot communicate or be of sound mind. This document will also identify the person who will carry out these instructions (the attorney-in-fact). In some states, this document is referred to as an Advance Directive.