DocDraft, an AI-powered legal document drafting company, simplifies the process of creating personalized wills and estate plans. Our user-friendly platform combines advanced AI technology with legal expertise to guide you through the process, saving you time and money while ensuring your documents are tailored to your unique circumstances and comply with state laws.
Wills and Trusts are legal documents that help you plan for the distribution of your assets after your death. A Will is a document that specifies how your property should be distributed and who should be responsible for managing your estate. A Trust, on the other hand, is a legal arrangement that allows a third party (the trustee) to hold and manage assets on behalf of the beneficiaries.
Wills and Trusts are not just for the wealthy - they are important tools for anyone who wants to ensure their assets are distributed according to their wishes.
A Will becomes effective only after your death, while a Trust can take effect during your lifetime or after your death.
Trusts can help avoid probate, which is the legal process of distributing your assets after your death.
It's important to keep your Will and Trust up to date as your life circumstances change, such as marriage, divorce, or the birth of a child.
You should choose an executor for your Will and a trustee for your Trust who you trust to carry out your wishes.
Once you have gathered this information, you can use DocDraft to start creating your Will and Trust online. Our platform will help you organize your information and create a solid foundation for your estate planning documents. Remember, while DocDraft is a great starting point, consulting with a qualified attorney is the best way to ensure that your Will and Trust are comprehensive, legally sound, and tailored to your unique needs. Let DocDraft help you find the perfect legal professional to guide you through the process.
Asset Inventory
A list of all your assets, including real estate, bank accounts, investments, and personal property.
Beneficiary Details
The names and contact information of your beneficiaries
Executor and Trustee Appointments
The name and contact information of your chosen executor and trustee
Asset Distribution Instructions
Any specific instructions for the distribution of your assets, such as charitable donations or gifts to specific individuals.
Guardian Nominations
The names and contact information of any guardians you wish to appoint for your minor children.
Debt and Liability Disclosure
Information about any debts or liabilities you may have.
While it is possible to create a basic Will or Trust without a lawyer, it is often beneficial to seek legal advice to ensure that your documents are legally valid, accurately reflect your wishes, and take into account your unique circumstances. A lawyer can help you navigate complex legal issues, such as tax implications and state-specific requirements. With DocDraft, you can get started by drafting your Will or Trust online. Our user-friendly platform will guide you through the process step-by-step. Once you have completed the initial draft, you can use our service to connect with the perfect attorney for your needs. They will review your draft, provide expert advice, and ensure that your Will or Trust is properly prepared and executed.
Yes, you can change your Will or Trust at any time as long as you have the mental capacity to do so. It's important to review your Will and Trust periodically to ensure they still reflect your wishes.
If you die without a Will, your assets will be distributed according to your state's intestacy laws. This means that your assets may not be distributed according to your wishes, and the process can be lengthy and expensive.
