12Law Arrow 12Law Arrow  Easy Questions  
12Law Arrow 12Law Arrow Instant Legal Documents
 
 
FINANCIAL & MARITAL

Cohabitation Agreement coming soon!
Separation Agreement coming soon!
No-Fault Divorce coming soon!
Bankruptcy coming soon!
 
 

Five Essential Estate Planning Documents in Newport, NY

Five Essential Estate Planning Documents in Newport, NY


If you can begin to see death as an invisible, but friendly, companion on your life's journey gently reminding you not to wait until tomorrow to do what you mean to do- then you can learn to live your life rather than simply passing through it.
 
- Erich Lindemann


Estate planning is a form of financial protection for you, your family and your assets.

But Estate Planning can also be a source of disagreement among family members. In order to reduce family strife, proper estate planning should be done to make sure your desires regarding the family estate are legal and clear to avoid confusion and conflicts among the loved ones you left behind.

Important Estate Planning Documents

• The Advanced Health Care Directive. This document contains your healthcare preferences and is activated the moment you are no longer able to communicate your wishes. It will guide your family, doctors and other healthcare personnel as to the treatments you want or do not want. I also name the person who is authorized to make healthcare decisions on your behalf.

Power of Attorney for Asset Management. This document indicates the persons whom you trusted to handle your financial affairs. This can also indicate the areas of help that they can extend to you. This will help prevent conservatorship when you become incapacitated so completing this form is a must. Your agent can immediate act on your behalf as long as he or she has a durable power of attorney.

• HIPAA Release Form. The federal government passed a law that protects our health care information. This has made it difficult for family members to deal with health insurance when we are incapacitated. But completing the HIPAA release form in advance can make the accessing of your healthcare information easier for those you named in your health care directive or power of attorney. They will be the one to have to deal with the insurance matters on your behalf when you are no longer able to do so yourself.


• A Last Will and Testament. This is a common estate planning method to transfer properties to beneficiary after a person dies. Though it is inexpensive, a will undergoes a time and money consuming probate when the grantor dies. People with modest assets can be serve best by a Living Trust, but living trust can also need a will for additional coverage.

• A living trust. Confidentiality, less cost, flexibility and faster distribution are just some of the feature of a living trust. Large assets and properties placed in the trust can provide some estate tax benefits. One of the downsides of a trust is that it is quite expensive to create and maintain. Trust needs to be properly funded. All real estate property and other investments should be transferred to the trust. Conflicts in distributions can be avoided later if you properly document your trust, thus allowing the trustee to dispense the property as indicated in the living trust document. Family conflicts and disputes can be avoided after you are gone.


Taking advantage of the free previewing of various estate planning documents available at 12Law can help you choose the correct estate planning for your circumstances. This can ensure that the proper planning documents are utilized that can save your family from confusion and conflicts when you are gone.
 
Personalize & Print a Free NY Last Will Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Page 6
Page 7
Page 8
Page 9
Page 10
 
Personalize & Print a Free NY Power of Attorney Create This Document
Page 1
Page 2
Page 3
Page 4
Page 5
Related Legal Services near Newport, NY
Ami Law Office
132 Spruce St
Cedarhurst, NY 11516
(516) 508-9966
General Practice Attorneys, Attorneys
Cuomo LLC
9 E. 38th Street, 2 South
New York, NY 10016
(212) 448-9933
Attorneys,  Criminal Law Attorneys,  Contract Law Attorneys,  Employment Discrimination Attorneys,  
Simantov & Assoc PC Attorney's
132 Spruce St
Cedarhurst, NY 11516
(516) 508-9915
General Practice Attorneys, Attorneys, Legal Service Plans
Montgomery James
267 5th Ave
New York, NY 10016
(212) 889-9828
General Practice Attorneys, Attorneys
Adam Perlmutter - New York DUI/DWI
260 Madison Ave
New York, NY 10016
(646) 742-9800
Attorneys Referral & Information Service, Attorneys
SW Reiff LLC
600 Third Avenue, Suite 200
New York, NY 10016
(347) 674-9797
Landlord & Tenant Attorneys, Civil Litigation & Trial Law Attorneys, Business Law Attorneys, Real Es
Russo William A
600 3rd Ave
New York, NY 10016
(212) 557-9610
Real Estate Attorneys, Attorneys, Legal Service Plans
Wagner Davis Pc
99 Madison Ave # 11
New York, NY 10016
(212) 481-9600
Mon. - Fri. 9am - 5pm, Sat. - Sun. CLOSED
Wagner Davis Pc
99 Madison Ave 11th Floor
New York, NY 10016
(212) 481-9600
Attorneys, Tax Attorneys, Business Law Attorneys, Real Estate Attorneys, Appellate Practice Attorney
Leib Howard
271 Madison Ave # 200
New York, NY 10016
(212) 545-9559
Attorneys, Legal Service Plans
Alston Bird LLP
90 Park Ave
New York, NY 10016
(212) 210-9556
Banking & Mortgage Law Attorneys, Attorneys, Tax Attorneys
Gleen Barry H
90 Park Ave
New York, NY 10016
(212) 210-9555
Attorneys
Chin Ken W
90 Park Ave
New York, NY 10016
(212) 210-9530
Attorneys
Nolfo Matthew J
275 Madison Ave
New York, NY 10016
(212) 286-9499
Attorneys, Estate Planning Attorneys, Legal Service Plans
Malm Eric S Atty
90 Park Ave
New York, NY 10016
(212) 210-9449
Attorneys
Caginalp Aydin S
90 Park Ave
New York, NY 10016
(212) 210-9414
Attorneys
Sherwin Rear Law Offices
1 Park Ave
New York, NY 10016
(212) 591-9380
General Practice Attorneys, Attorneys
Ruttan & Popoff LLP
185 Madison Ave
New York, NY 10016
(212) 447-9353
General Practice Attorneys, Attorneys, Legal Service Plans
Kerson Paul E
99 Park Ave # 800
New York, NY 10016
(212) 973-9339
Attorneys
Roe & Kramer
440 Park Ave S
New York, NY 10016
(212) 931-9280
Attorneys, General Practice Attorneys
Schlanger & Schlanger, LLP
9 E 40th St
New York, NY 10016
(888) 401-9225
Bankruptcy Law Attorneys, Business Bankruptcy Law Attorneys
Epiq Ediscovery Solutions Inc
90 Park Ave
New York, NY 10016
(212) 225-9200
Paralegals, Legal Document Assistance
Freeman Aldric
386 Tompkins Ave
Brooklyn, NY 11216
(718) 855-9141
General Practice Attorneys, Attorneys
Global Link Language Services, Inc
244 Madison Ave Suite 1080
New York, NY 10016
(212) 922-9110
Translators & Interpreters,  Immigration & Naturalization Consultants,  Translation Equipment,  Lega
12Law.com   |  NASHVILLE, TN USA   |  CONTACT US