Law Office of W. Zehava Schechter 521 Woodfield Road West Hempstead, New York Telephone: (516)

3 Basic Documents of Estate Planning Health Care Proxy (HCP) Durable Power of Attorney (POA) Last Will and Testament (LWT)

Health Care Proxy (HCP) Applies to Health Care Decisions only if you are unable to make your own decisions. HIPAA Release of Information Instructions to Agent: DNR or Keep Alive at all costs Organ Donation Burial or Cremation Instructions Selection of Proxy Agent and at least one Successor Agent

Durable Power of Attorney (POA) Applies to Financial Matters. Valid if you later become incapacitated Major Gifts Rider (> $500) Choose Your Agent and Successor Agent wisely Agent(s) must accept Valid as soon as executed

Last Will and Testament (LWT) Choose Executor, Successor Executor wisely Bequests (Specific, General, Charitable, Residuary) Must be properly executed (Age >= 18, 2 disinterested witnesses, notarized) Guardian of minor children Testamentary Trust v. Inter vivos trust (Revocable v. Irrevocable)

Miscellaneous Matters LTC Insurance, Life Insurance Medicaid Planning Gifting Check Beneficiary Designations Pre- or Post-Nuptial Agreement for 2 nd Marriages and Beyond Deed Transfers

Thank you for your attention. 2 Quotations by Benjamin Franklin: “ In this world nothing can be said to be certain, except death and taxes.” Letter to Jean Baptiste Le Roy, 13 Nov “By failing to prepare, you are preparing to fail.”

Law Office of W. Zehava Schechter 521 Woodfield Road West Hempstead, New York Telephone: (516)