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Estate Planning Presentation - sample

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A sample estate planning presenation for Minnesota attorneys.

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Estate Planning Presentation - sample

  1. 1. 2 important legal issues for seniors Prepare
  2. 2. Preparing  for diminished capacity  to leave a heritage
  3. 3. Preparing for diminished capacity
  4. 4. Capacity ability to make decisions
  5. 5. 2 areas of concern  Financial decisions  Health care decisions
  6. 6. Financial decisions  Attorney-in-Fact  Power of Attorney
  7. 7. If you fail to plan Conservatorship
  8. 8. POA Conservator Cost
  9. 9. POA Conservator Cost Time
  10. 10. POA Conservator Cost Time Conflict
  11. 11. POA Conservator Cost Time Conflict Courts
  12. 12. Benefits <ul><li>avoid conservatorship </li></ul><ul><li>reduce conflict </li></ul><ul><li>ready to use when needed </li></ul>
  13. 13. Take away points 1. Get a Power of Attorney 2. Choose AIF carefully.
  14. 14. Health care decisions  Health care agent  Health Care Directive
  15. 15. ≠ living will ≠ health care POA
  16. 16. If you fail to plan Guardianship
  17. 17. HCD Guardian Cost Time Conflict Courts
  18. 18. Benefits <ul><li>avoid guardianship </li></ul><ul><li>reduce conflict </li></ul><ul><li>wishes honored </li></ul>
  19. 19. Take away points 1. Get a Health Care Directive 2. Choose Agent carefully.
  20. 20. Preparing to leave a heritage
  21. 21. Joint ownership and beneficiary designations 1
  22. 22. a Will -> Executor 2
  23. 23. a Trust -> Grantor -> Trustee -> Beneficiaries 3
  24. 24. Will Trust Cost
  25. 25. Will Trust Cost Probate
  26. 26. Will Trust Cost Probate Flexibility
  27. 27. Will Trust Cost Probate Flexibility Public
  28. 28. If you fail to plan Minnesota statutes
  29. 29. Benefits <ul><li>church and charities </li></ul><ul><li>reduce conflict </li></ul><ul><li>wishes honored </li></ul>
  30. 30. Take away points 1. Draft a Will or Trust 2. Review periodically

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