Legal Documents That Every Alaskan Needs

​RICH, POOR OR IN-BETWEEN, YOU NEED AT LEAST TWO

  • Last Will & Testament
  • Power of Attorney
  • Advance Healthcare Directives
  • ​Revocable Living Trust

Mrs. Munson’s excellent, best legal deal includes all three essentials:
basic Will, Power of Attorney, and Health Care Directives—$600 individual, $1,000 couple.

Last Will & Testament

There is nothing simple about a will because it involves family. You could download a sample will from the internet. It might be sufficient but more likely it will leave problems and costs for your heirs. A properly drafted will is important. Expect two or three appointments and several phone calls to get it done. Make an appointment. Together, we can determine a fee that you can afford.

"The death rate is running right around 100%"

"Your coffin may already be in town"

            - the Reverend Billy Graham

Power of Attorney

A power of attorney [POA] is a document that authorizes another person to make specific legal decisions for you. It is valid only so long as you are competent.

durable power of attorney will be effective after you have become incompetent, if you check the box to authorize that.

You can take a look at approved Alaska forms online, provided by Alaska Legal Services under the heading “Seniors.”  Mrs. Munson will help you understand and complete these complicated documents.

Advance Healthcare Directives

also known as a Living Will

Most important if you wish to "die with dignity," i.e. prevent the imposition of extraordinary measures by your doctors or your next of kin or name someone other than next of kin ​to make healthcare decisions when you are out of it.​

Revocable Living Trust, Testamentary Trust, Special Needs Trust, Miller Trust

A trust starts out as a document that names beneficiaries, and sets out the duties of the trustee(s) toward them. It associates with a bank account that must be funded at the right time with the right assets.
A trust is a legal entity and has a Tax ID number.

Not everyone, or every family, needs a trust. A trust does not avoid probate, or taxes. It can be complicated and expensive to set up. But it is an invaluable tool for financial management and protection of both individuals and assets.