This package contains the following forms:
1. Last Will
2. Statutory Durable Power of Attorney - Durable Provisions
3. Health Care Proxy
4. Durable General Power of Attorney Effective at a Future Time
5. Estate Planning Questionnaire and Worksheets
6. Personal Planning Information and Document Inventory Worksheets
Bonus financial forms!
1. Last Will - Complete this form to detail in writing your wishes regarding who is to receive your property at death and who will administer your estate. It also enables you to appoint trustees or guardians, if applicable.
2. Statutory Durable Power of Attorney - Durable Provisions - This is a statutory form that is provided for in the New York State Consolidated Laws.
3. Health Care Proxy Health Care Decisions - Statutory form including Living Will provisions - This Healthcare Proxy allows you to choose an agent to speak for you and make specific instructions for your treatment, in the event that you become incapable of voicing these instructions yourself.
4. Durable General Power of Attorney Effective at a Future Time - This is a form that takes effect upon a specified event or condition.
5. Estate Planning Questionnaire and Worksheets - This Estate Planning Questionnaire and Worksheet is for completing information relevant to an estate. It contains questions for personal and financial information. You may use this form for client interviews. It is also ideal for a person to complete to view their overall financial situation for estate planning purposes.
6. Personal Planning Information and Document Inventory Worksheets - This form enables you to document matters relevant to your life and personal planning such as the location of your important legal documents, relatives names, contact information, medical information, financial asset inventory and more.
Kings New York Life Documents Planning Package is a comprehensive legal package that provides individuals with essential documents for estate planning and end-of-life preparations. This package includes three crucial documents: a Will, Power of Attorney, and Living Will. These legal documents are designed to ensure that an individual's wishes are carried out smoothly and without complications. 1. Will: A Will is a legal document that specifies how a person's assets and properties should be distributed after their passing. It outlines the beneficiaries, appoints an executor to handle the distribution process, and may also address guardianship for minor children if applicable. The Will included in the Kings New York Life Documents Planning Package allows individuals to have peace of mind knowing that their assets will be divided accordingly based on their preferences. 2. Power of Attorney: The Power of Attorney document allows individuals to appoint someone they trust to make financial and legal decisions on their behalf if they become incapacitated or unable to do so themselves. This person, known as the attorney-in-fact, will have the authority to manage finances, pay bills, and make other legal decisions outlined in the document. Including the Power of Attorney document in the Kings New York Life Documents Planning Package ensures that individuals have a designated person to handle their affairs when they are unable to do so. 3. Living Will: A Living Will, also known as an advanced healthcare directive or healthcare proxy, is a legal document that outlines an individual's preferences for medical treatments and end-of-life care. It allows individuals to communicate their wishes regarding life-sustaining procedures, organ donation, pain management, and other healthcare decisions if they are unable to communicate or make informed choices. The Kings New York Life Documents Planning Package includes a Living Will to ensure that an individual's medical treatment aligns with their personal beliefs and values. By offering these essential documents in one package, Kings New York aims to simplify the estate planning process and provide individuals with comprehensive support. It ensures that their personal wishes, financial matters, and medical choices are legally recognized and respected. The Kings New York Life Documents Planning Package is ideal for anyone looking to take proactive steps towards securing their future, protecting their assets, and ensuring their healthcare preferences are honored. Note: The Kings New York Life Documents Planning Package may have different variations or levels of customization based on specific needs or state requirements.
