Estate Planning Basics – Financial Assets & Beneficiaries
October 11 @ 10:00 am - 12:00 pm
Let’s talk about what documents are usually included in an Estate Plan: A Will, a Power of Attorney, an Advance Directive, a Trust or a Transfer on Death Deed – what they are & how and when they work.
Here some of the questions/topics addressed during this session:
– What is the difference between a Will and a Trust?
– Power of Attorney vs. Guardianship proceedings;
– What is probate? How to avoid it;
– Minor children provisions.
FOCUS: Beneficiaries to financial accounts (life insurance, retirement, stocks bank accounts…) – things to have in mind. How can you provide for a gradual distribution? Can creditors access/request these funds after the owner’s death?