In this workshop, you will learn how to avoid common estate planning mistakes, as well as:
— Whether you need a Will or Trust? Discover the advantage and disadvantages of both.
— How the new SECURE Act has impacted inherited IRAs and the best strategies to minimize taxes to your heirs.
— How to keep your affairs private and your loved ones out of court if you become disabled and can’t speak for yourself. (Hint: Not all Powers of Attorney are valid!)
— All about probate and what steps can you take now to help your family avoid this expensive and time-consuming legal process when you’re gone.
— If you will you owe estate taxes. Learn how to help your heirs minimize or even avoid “death” taxes after your passing.
— How to create a long-term care plan before it’s needed so that you are able to stay as independent as possible and in complete control of your decisions as you age.
— Why owning assets jointly or putting property in a child’s name is likely a huge mistake—and what to do instead to accomplish your goals in a secure way.
— Easy strategies to protect your children’s inheritance from being seized if they get divorced, sued or file bankruptcy in the future.
— How to preserve your estate for your children should you pass away and your surviving spouse gets remarried (without a plan, your family’s inheritance will legally go to the new husband or wife!). — How to qualify and use Medicaid to pay for nursing home expenses which can average $7,204 monthly.
— How parents (and grandparents!) of children with special needs can plan for a lifetime of care without jeopardizing eligibility for important benefits like Medicaid or Supplemental Security Income.
— If you have any questions about this workshop, please contact us at (520) 529-4000.