Learning the Basics of Estate Planning Wills Wills Probate Probate Estate Taxes Estate Taxes Revocable Living Trust Revocable Living Trust Powers of Attorney.

Slides:



Advertisements
Similar presentations
USC Office of Gift Planning
Advertisements

Financial Health Workshop - April 29, What is a will? A legal document of instructions listing the distribution of property, designating beneficiaries.
ESTATE PLANNING 101: A BEGINNER’S GUIDE TO PLANNING FOR YOUR FUTURE.
Living Wills, Health Care Proxies,
Recognizing the Need to Engage in Estate Planning Presented by Anita Purewal CPA MSBA.
Life, Estate & Inheritance Planning – God’s Way. What Is “Estate Planning”? A Process that Allows You to: Control Your Property While You’re Alive and.
Wealth Management & Estate Planning Jeffrey M. Axelson, Esq. Axelson, Williamowsky, Bender & Fishman, P.C.
Estate Planning Workshop Presented By Deborah S. Gordon Assistant Professor of Law Earle Mack School of Law
Top 10 Estate Planning Misconceptions Law Office of JANE FRANKEL SIMS LLC Estates & Trusts.
Copyright ©2004 Pearson Education, Inc. All rights reserved. Chapter 20 Estate Planning.
The Estate Planning Basics
Powers of Attorney What you Need to Know Brought to you by:
Estate Planning WILLS, TRUSTS, HEALTH CARE PROXIES AND ADVANCE DIRECTIVES BALANCING LIFE’S ISSUES, INC.
What is Estate Planning? Presented by: Daniela Lungu Attorney at Law.
LBL7166 Allstate Insurance Company 1 Financial Focus Estate Planning for Uncertain Times Not FDIC, NCUA/NCUSIF insured * Not a deposit *
1 (of 23) FIN 200: Personal Finance Topic 23–Estate Planning Lawrence Schrenk, Instructor.
Chapter 20 Estate Planning. Copyright ©2014 Pearson Education, Inc. All rights reserved.20-2 Chapter Objectives Explain the use of a will Describe estate.
Estate Planning in 2011 by Edward P. Ludovici, Esq South Dixie Highway Palmetto Bay, FL
1 George Washington University Estate Planning Essentials October 2, 2010.
Estate Planning Protecting your family’s future. Definitions  Your estate consists of what you own at your death  Your estate plan is a blueprint of.
Estate Planning Basics Melissa Dalla, Esq. Dufford & Brown, P.C Broadway, Suite 2100 Denver, CO (303)
BUS 206 CARISSA STOUT NICOLAS ASCANIO MATT JUDKINS Estate Planning.
HAUSWIESNER KING LLP Estate Planning 101 Wills, Trusts and Powers of Attorney Peter King HAUSWIESNER KING LLP February 21, 2007.
Estate Planning Overview by Edward P. Ludovici, Esq South Dixie Highway Palmetto Bay, FL
What is Estate Planning? 4695 C HABOT D RIVE, S UITE 200 P LEASANTON, C A TEL: (925) FAX: (925)
Trust Basics By Jingang Xu (internal training use for Anna Li’s team only)
It’s Your Estate! Week 1: Introduction & Personal Assessment.
Estate Planning The Legal and Tax Aspects of “Finishing Strong” As Presented By: David K. Whitlock, Esq. Law Office of David K. Whitlock E. 80 Route 4.
Jump to first page 1 Unit 8, part 2 Estate Planning for Agriculture & Forestry: Basic Documents, Tax Issues, and Conservation Easements An Educational.
Estate Planning Protecting Your Family’s Future. Estate Planning Protects Your Family’s Future Financially Provides for dependent family members Preserves.
This class will answer the following questions:  Why Living Wills are not valid in Michigan?  What are the differences between a Living Will, a Patient.
Presented by Estate Planning, Special Needs Trusts a.k.a. Supplemental Care Trusts and Making Decisions for Loved Ones Victoria Z. Sulerzyski,
$1 Million $500,000 $250,000 $125,000 $64,000 $32,000 $16,000 $8,000 $4,000 $2,000 $1,000 $500 $300 $200 $100 Welcome.
© The McGraw-Hill Companies, Inc., All Rights Reserved. Irwin/McGraw-Hill 19-1 C HAPTER 19 Personal Finance Estate Planning Kapoor Dlabay Hughes.
Navigating the Financial and Legal Issues of Parkinson‘s Disease Presented at the Parkinson’s Institute July 14, 2010 Nancy Williamson, Esq. Specializing.
THE LEGAL ASPECTS OF RETIREMENT PLANNING How God Would Have Us Steward Resources For Our Needs And Those Of The Next Generation Proverbs 13:22 A good man.
 2010 LegalHealth End of Life: Taking Control of Practical Matters April 28, 2012.
ADVANCE DIRECTIVES PLANNING FOR MEDICAL CARE IN THE EVENT OF LOSS OF DECISION-MAKING ABILITY.
Dr. Steven Hays Personal Finance BKHS.  Explain the use of a will  Describe estate taxes  Explain the use of trusts, gifts, and contributions  Introduce.
Chapter 21.2: Estate Planning
Wealth Management & Estate Planning Jeffrey M. Axelson, Esq © Axelson, Williamowsky, Bender & Fishman, P.C.
The Law Offices of Chester B. McLaughlin 4545 East Shea, Suite 173 Phoenix, AZ (602)
Estate Planning Annie’s Project February 6, 2007 Coweta Oklahoma.
Savings and Investments. Wills  Legal document that specifies how you want your property to be distributed after your death.  Intestate Die without.
Estate Planning.  Estate: the assets of a deceased person after all debts are paid  Estate planning: the act of planning for how your wealth will be.
26-1 Copyright © 2013 by The McGraw-Hill Companies, Inc. All rights reserved.McGraw-Hill/Irwin.
Life, Estate & Inheritance Planning – If you don’t have a plan for your estate, The State Does! Presented by Arthur J. Pauly, Jr. J.D. Esq
Living Trust Probate Avoidance Estate Preservation Peace of Mind.
 Estate Planning.  Financial Planning (FIN 551 – 552 – 553) o Managing the Wealth of a Client Wealth Accumulation CFPs – Portfolio Management Wealth.
BASICS OF ESTATE PLANNING AND PROBATE Margie Connolly, Attorney at Law MARGARET McCULLOUGH CONNOLLY, PLLC Sugar Land TX Mmconnollylaw.com.
1 ADVANCE DIRECTIVES, THE NECESSITY OF A WILL, AND THE PROBATE PROCESS March 14, 2016 David M. Cook, David M. Cook, Of Counsel Of Counsel The Hardison.
Personal & Estate Planning, Guardianship, and Probate Michael J. Longyear Reed Longyear Malnati & Ahrens PLLC
Important Information for financial professionals By using this communication you agree to the following: This communication is provided to you by Principal.
Estate Planning Katherine O. VanZanten Cable Huston LLP Portland 1001 SW 5 th, Suite 2000 Portland, OR (503)
Estate Planning February 2016 Douglas A. Mielock Foster, Swift, Collins & Smith, P.C. Lansing, Michigan.
Tips For Planning Your Estate. Everyone Has An Estate If you have something of value that you’d want to pass on to someone in the event of your death,
Frank & Kraft, Attorneys at Estate Planning Essentials Essential Components of a Basic Estate.
Estate Planning Kim Scouller
Personal Finance Estate Planning
By Jingang Xu (internal training use for Anna Li’s team only)
By: Paula Ferreira Montoya, Esq.
Estate Planning Basics in 2015
ESTATE PLANNING MY LIFE MARRIED.
Estate Planning Basics
SMITH PROPERTY & INVESTMENTS A Private Entity
STAY AHEAD Basics of Estate Planning of Work-Life Challenges
Military Retirees Legal Brief on Wills
What you don’t know can hurt you! A NetLaw Webinar
Presented by: Daniela Lungu Attorney at Law
Protecting Your Loved Ones Assets in the Event of Incapacity or Death
Presentation transcript:

Learning the Basics of Estate Planning Wills Wills Probate Probate Estate Taxes Estate Taxes Revocable Living Trust Revocable Living Trust Powers of Attorney Powers of Attorney Health Care Directives Health Care Directives Life Insurance Life Insurance Charitable Gift Annuities Charitable Gift Annuities Topics Included Location: Fellowship Hall Room 125 A Free Workshop Saturday, April 20, 4 to 6 pm Includes a private one-hour free consultation. Consultation spaces are limited, please sign up in advance with the church office by calling ###- ###-####.

Learning the Basics of Estate Planning A Free Workshop Saturday, April 20, 4 to 6 pm Wills Wills Probate Probate Estate Taxes Estate Taxes Revocable Living Trust Revocable Living Trust Powers of Attorney Powers of Attorney Health Care Directives Health Care Directives Life Insurance Life Insurance Charitable Gift Annuities Charitable Gift Annuities Topics Included Location: Fellowship Hall Room 125 Includes a private one-hour free consultation. Consultation spaces are limited, please sign up in advance with the church office by calling ###- ###-####.

Learning the Basics of Estate Planning A Free Workshop Saturday, April 20, 4 to 6 pm Wills Wills Probate Probate Estate Taxes Estate Taxes Revocable Living Trust Revocable Living Trust Powers of Attorney Powers of Attorney Health Care Directives Health Care Directives Life Insurance Life Insurance Charitable Gift Annuities Charitable Gift Annuities Topics Included Location: Fellowship Hall Room 125 Includes a private one-hour free consultation. Consultation spaces are limited, please sign up in advance with the church office by calling ###- ###-####.

Understanding Living Trust I have a will. Why would I want a living trust? Contrary to what you’ve probably heard, a will may not be the best plan for you and your family, primarily because a will does not avoid probate when you die. Benefits of a Revocable Living Trust Avoids probate at death, including multiple probates if you own property in other states. Prevents court control of assets at incapacity Brings all your assets together under one plan Provides maximum privacy Quicker distribution of assets to beneficiaries Assets can remain in trust until you want beneficiaries to inherit Can reduce or eliminate estate taxes Inexpensive, easy to set up and maintain Can be changed or cancelled at any time Prevents court control Attend the Estate Planning Workshop “Learn the Basics of Estate Planning” on November 7, 2009

Child Guardianship You’ll hopefully never need it, but it’s essential to plan for your children’s welfare should you and/or your spouse die. Create documents that name a Christian guardian for your children. Even after 18 years old, it is still important to designate someone that can help provide Godly counsel, wisdom, and prayer. Create a Will through an attorney. Choose a guardian you trust. Stewardship Ministries can provide your family with the necessary estate planning documents, giving you the assurance your children will be placed in the hands of those individuals who you feel will best care for their spiritual beliefs and financial security. Visit to request your free estate planning data guide.

Greeley Wesleyan Church Presents… Saturday, March 28 Workshop Saturday at 6:00 p.m. Title: The Basics of Estate Planning Topic: Probate, Wills, Trusts, & Planned Giving Wayne Derr, Executive Director Estate Planning - Determine to Finish Well The Estate and Gift Planning workshop is designed to assist pastors and lay-people with their estate and gift planning needs. In this workshop we will answer important questions regarding estate taxes, probate costs, trusts, guardianship of minor children, selection of personal representatives, and how to design a Christian Will and live the generous life. You can schedule a FREE one-hour consultation time to discuss your estate planning needs. Estate & Gift Planning

Power of Attorney Durable General Power of Attorney for Property & Finances The powers you grant in the Durable General Power of Attorney continue to be effective should you become disabled or incompetent. Medical Power of Attorney is an important legal document. This document gives the person you name as your agent the authority to make any and all health care decisions for you in accordance with your wishes, including your religious and moral beliefs, when you are no longer capable of making them yourself. Learn about these necessary estate planning documents at the Estate and Gift Planning workshop on [date]. You can schedule a private consultation with the Stewardship Ministries representative to discuss your needs. Request a free Estate Planning Data Guide from the church office.