What is an "Integrated" Estate Plan?
The term "integrated" plan refers to a group of interrelated estate planning documents that work together to cover a full range of needs. A typical integrated plan will have a family "living" trust, a will, a financial power of attorney, a health care power of attorney and various ancillary documents. They will refer to each other to give the full effect required by law. With these documents working together, you will have provided for:
- How your property is managed during your life, both within and outside of any trust
- How your property is distributed after your death
- What you want regarding life support and other health care matters, and who will be making medical decisions for you