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Living Will
Purpose: A Living Will, also known as an Advance Directive, is focused exclusively on medical decisions. It outlines the declarant’s wishes regarding medical treatment, end-of-life care, and other health care decisions in case they are unable to communicate these decisions themselves.
Last Will and Testament
Purpose: A Last Will and Testament, commonly known as a “Will,” is a legal document that outlines how a person’s assets, property, and estate should be distributed after their death. It is also used to appoint guardians for minor children and make arrangements for the care of pets.
Uncontested Divorce
An uncontested divorce is a type of divorce where both spouses agree on all the key issues related to their separation without needing the intervention of a court to resolve disputes. In other words, the spouses have worked out the details of their divorce and do not require litigation to settle disagreements.
BOI Filing
Purpose:
Under the Corporate Transparency Act, many businesses are required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN) by January 1, 2025.