Estate Planning Presentation - sample

2 important legal issues for seniors Prepare

Preparing  for diminished capacity  to leave a heritage

Preparing for diminished capacity

Capacity ability to make decisions

2 areas of concern  Financial decisions  Health care decisions

Financial decisions  Attorney-in-Fact  Power of Attorney

If you fail to plan Conservatorship

POA Conservator Cost

POA Conservator Cost Time

POA Conservator Cost Time Conflict

POA Conservator Cost Time Conflict Courts

Benefits
avoid conservatorship
reduce conflict
ready to use when needed

Take away points 1. Get a Power of Attorney 2. Choose AIF carefully.

Health care decisions  Health care agent  Health Care Directive

≠ living will ≠ health care POA

If you fail to plan Guardianship

HCD Guardian Cost Time Conflict Courts

Benefits
avoid guardianship
reduce conflict
wishes honored

Take away points 1. Get a Health Care Directive 2. Choose Agent carefully.

Preparing to leave a heritage

Joint ownership and beneficiary designations 1

a Will -> Executor 2

a Trust -> Grantor -> Trustee -> Beneficiaries 3

Will Trust Cost

Will Trust Cost Probate

Will Trust Cost Probate Flexibility

Will Trust Cost Probate Flexibility Public

If you fail to plan Minnesota statutes

Benefits
church and charities
reduce conflict
wishes honored

Take away points 1. Draft a Will or Trust 2. Review periodically

http://mnestatelaw.com	317
http://www.slideshare.net	4
http://translate.googleusercontent.com	1

by Boyd Johnson on Nov 06, 2009