❖ Last Will and Testament, Codicils
❖ Revocable and Irrevocable Trusts
– Special Needs Trust
– Educational Trust
– Trusts for Medicare Planning
❖ Durable Power of Attorney (medical and/or financial)
– Deferred until Incapacity
❖ Advanced Directive – including medical power of attorney and living will
❖ Guardianships and/or Conservatorships
❖ Five Wishes
❖ Ethical Wills – may include a letter or document a person writes that describes his or her personal values, beliefs, and other insights for his or her descendants. An ethical will can communicate a parent’s hopes and wishes, as well as regrets and apologies, to his or her children and grandchildren.
These can be letters, personal histories, or stories that are passed down from one generation to the next that preserve life lessons learned and values cherished during a person’s lifetime.