Week 4 : Advanced Estate Planning

The advanced estate planning workshop begins a discussion of using a Living Trust. Many think the most important aspect of a Living Trust is that you avoid probate. This is true but where are you when your estate does not have to go through probate? It would seem this would be a greater benefit to your children and maybe you should ask if they would be willing to pay for the legal services to have one drafted for you!

We think the most important part of a living trust is the fact you get to choose who will be your successor trustee because this person may have to take care of you during a time when you have a physical or mental disability.

This session starts to focus on your taxable estate and how you can avoid the estate and gift taxes.

Outlines:

Advanced Estate Planning – Mark Powell

Advanced Estate Planning – Larry Bemis

Articles:

Books Recommended by Speakers:

The Artful Dodger’s Guide to Planning Your Estate – by Thomas Hart Hawley

Workshop Videos:

Part 1:

Part 2:

Part 3:

Part 4:

Part 5: