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An Executor is the person you choose to administer your estate after you pass away.
A beneficiary is the person or people who will receive assets or money from your estate
No, you can choose different individuals for each role, and you may also appoint joint Executors or joint Powers of Attorney.
For a simple Will, your financial details are not required. However, keeping a copy of the completed questionnaire with financial and property information is helpful for your Executor to administer your estate efficiently
Living Wills have been replaced by Powers of Attorney. Your Will takes effect after your death, while Powers of Attorney handle decisions during your lifetime if you become unable to do so.
A Power of Attorney (POA) is a legal document that allows you to appoint someone to make decisions on your behalf if you are unable to do so. There are two main types: Property (financial decisions) and Personal Care (health and personal decisions).
Yes, but it doesn’t have to be. You can choose different people for each role or appoint joint Powers of Attorney.
A Property Attorney can manage your finances, pay bills, and handle investments. A Personal Care Attorney can make decisions about health care, living arrangements, and other personal matters in your best interest.
Yes, as long as you are capable of making decisions, you can revoke or update your Will and Powers of Attorney at any time.
No. Your Power of Attorney cannot make changes to your Will. Only you, while capable, can create or update your Will.
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