At a minimum, every person regardless of asset level needs a Durable Financial Power of Attorney, Health Care Proxy, Living Will, and Privacy Authorizations. Notice, we didn’t say Will. Other documents can include a Will, DNR, and POLST (if applicable in your state). Families should also have birth certificates, marriage certificates, death certificates, Medicare cards, insurance cards, Social Security cards, discharge papers from the service, and financial statements in an accessible location.
These are the minimum. Once we get into planning, there may be one or more trusts or other legal documents. As each family and circumstance is different, a consultation and full analysis are a necessity.