What Documents Do I Need for Complete Estate Plan?

Estate planning isn't just for the wealthy — it's for everyone who wants to protect their loved ones and ensure their wishes are followed. Whether you're just getting started or reviewing an existing plan, here are the essential documents you need for a complete estate plan:

1. Last Will and Testament

Your will outlines who gets your assets after you pass away and names a guardian for any minor children. Without a will, state law decides — and it might not be what you want.

2. Living Trust (Optional, But Powerful)

A revocable living trust lets your assets avoid probate, saving time and legal fees. You stay in control of your property during your lifetime, and it smoothly transfers to your beneficiaries when you're gone.

3. Durable Power of Attorney

This document names someone to handle your financial and legal matters if you become unable to do so yourself. Without it, your family may need to go to court to get permission.

4. Healthcare Power of Attorney

Also called a medical POA, this lets someone make healthcare decisions for you if you're incapacitated. It's often paired with a living will.

5. Living Will / Advance Directive

This outlines your preferences for life-sustaining treatment, pain management, and organ donation. It helps doctors and family know what you want if you're unable to speak for yourself.

6. Beneficiary Designations

Accounts like life insurance, 401(k)s, and IRAs often pass outside your will — so it's crucial to keep your beneficiary forms updated.

7. HIPAA Authorization

This gives trusted individuals access to your medical records, so they can speak with doctors or help make informed decisions about your care.