It’s been quite a while since my last Primer installment due in part to the fact that this latest section addresses a few legal definitions regarding estate documents – a challenging topic that took some time for me to hash out. I also write about the many hats worn by caregivers.
What is an “estate” and what are “estate documents?” Simply put, an estate is the collection of personal and real property owned by an individual. Upon death, this property or estate is (depending on whether or not the decedent had a will or trust and according to the laws of the state) distributed among named beneficiaries after which point the estate ceases to exist. Estate documents are those documents – power of attorney, will, or trust – which grant authority and also inform as to how the decedent desires his or her estate to be distributed.
To read the full text, please click here, or on A Terminal Illness Primer for Caregivers in the header at the top of the blog.