Everyone needs an estate plan. If you don’t have a will or trust, the state of residence will make decisions for you. A will goes through probate. A revocable living trust is private and no probate is required.
It’s important to understand your choices. An up to date Power of Attorney form is important. There are two aspects: financial and medical. Making medical decisions can be quite emergent. Financial decisions not so much. Having your legal documents in order can be critical. If you decide to go the trust route, it’s necessary to fund the trust. Funding the trust means changing the titling of some asset classes. This can get somewhat complicated and is a service that I offer