Quicken Willmaker & Trust 2020: Book & Software Kit

• A customized estate plan, including a will, revocable living trust (individual and shared), health care directive, durable power of attorney for finances, and other essential documents
• An easy-to-use interview format that lets you complete documents at your own pace
• A user-friendly legal manual to answer common questions
• A team of lawyer-editors working to ensure each document reflects the laws of your state*
  

Your Will: The heart of every estate plan is a will, also known as a last will and testament. This legal document puts you in control of who inherits your property and who would take care of your children if it were ever necessary. Without a will, state law determines these issues. Your will also allows you to name an executor (sometimes called a “personal representative”) to carry out your wishes. And you can appoint a trusted person to manage property left to young people. With Quicken Willmaker & Trust 2020 , you can revise and update your will whenever you like.

Living Trust: Use a living trust to help your estate avoid probate after you die. Like a will, a living trust distributes property to the people you name. But unlike a will, property that passes through a living trust can be passed directly to your beneficiaries, without waiting for court approval -- saving your beneficiaries time and money. With Quicken Willmaker & Trust 2020 living trust, you can make an individual trust or make a shared trust with your spouse. You can also use the program to create revocations of trust (if you want to end your trust) and certifications of trust (so that you don’t have to show your entire trust to financial institutions). You can also use the trust restatement to update your trust as often as you like, without needing to retitle your property.

Your Health Care Directive: Spare your loved ones difficult decisions by laying out your wishes for medical care (living will) and naming someone to carry out your instructions (power of attorney for health care).

Your Durable Power of Attorney for Finances: A durable power of attorney ensures that someone you trust (called your "agent" or "attorney-in-fact") will be on hand to manage the many practical, financial tasks that will arise if you become incapacitated. For example, bills must be paid, bank deposits must be made and someone must handle insurance and benefits paperwork. In most cases, a durable power of attorney for finances is the best way to take care of tasks like these.

Your Final Arrangements:Plan a funeral or other ceremony and ease the burden on your loved ones. Describe your preferences for burial, cremation, memorials, obituaries and more.

Documents for Your Executor:Make sure your executor has all the forms and instructions necessary to do the job: checklists, letters, notices and claim forms.

Information for Caregivers and Survivors: Organize your information so that your survivors don't have to. Use these documents to give them details about everything from bank accounts, to passwords, to the names of people you'd like contacted in the event of your illness or death.

Letter to Survivors:Use the Letter to Survivors to leave your loved ones detailed explanations about your decisions. For example, you may want to let them know why you made certain gifts or named a particular person to be your executor. You can also use your letter to leave some general thoughts about your life.

Personal Finance Documents: Over a dozen forms let you handle common financial situations, such as lending or borrowing money between friends or family, creating a bill of sale, and closing a credit card account.

Home & Family Documents:Practical forms you can use every day to help run your home and keep your family safe, including authorizations and agreements, promissory notes, limited powers of attorney, and child and elder care forms.

BONUS: With Quicken Willmaker & Trust 2020 you also get the e-book Special Needs Trust: Protect Your Child's Financial Future. Learn how to provide for a loved one with special needs without jeopardizing government benefits. Includes all of the forms and information you need to make a third-party special needs trust.

* Quicken Willmaker & Trust 2020 is designed to be used only in the United States of America, and its estate planning documents are not valid in Louisiana or U.S. Territories.
Quicken Willmaker & Trust 2020 is reviewed regularly by Nolo’s expert attorneys. The 2020 edition includes many important legal and technical improvements. Automatic updates will keep your program current through 2020.