Retiree Essentials: "Must Have" Documents
R etiring can be exciting and daunting. We never really know when end-of-life will occur. Here are some essential documents that retirees must have: Photo: I. Styvar. Homer, AK Critical Documents W ill (Last Will & Testament) : Preparing a Will is essential to ensure that your wishes are respected after you are gone. It should include details of how you would like your estate divided and who will be the Executor of your will. Your "Last Will & Testament" indicates how you’d like to divide your assets. Power of Attorney (POA): This document names an individual who will make financial and legal decisions on your behalf if you are unable to. Make sure you choo...