Planning for the future is important whether you are just graduating college, starting a family or preparing for your golden years. Failure to plan can have an adverse affect on your assets and leave your loved ones in financial limbo.
We will discuss estate planning fundamentals and terminology including: ramifications of asset ownership, legal reasons for life insurance, importance of beneficiary designations, life estates, nursing home costs, nursing home contract issues, importance of powers of attorney, increase in guardianships, wills, use of trusts and more.
Learn what questions you should be asking yourself. Students will receive a hand-out at class, that will help identify the important questions to ask yourself. You will be better prepared to consider your options and have the tools needed to prepare for your first estate plan or to review your current plan with your attorney.