Estate Planning
•Download as PPT, PDF•
1 like•208 views
This document discusses the importance of estate planning and providing family members with key information about assets, wishes, and plans upon incapacity or death. It notes that without proper documentation and communication, family conflicts are likely to arise due to confusion and lack of understanding about finances, insurance policies, burial wishes, and other important details. The document recommends completing an estate planning guide to help save time and reduce stress for loved ones by giving them necessary information during a difficult time.
Report
Share
Report
Share
![Estate Planning ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object]](data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7)
Recommended
Essex Financial on Expenses to Expect in Retirement
Retirees need to plan for several expected expenses in retirement including health care costs, utilities, travel, and daily expenses. Health care costs often increase in retirement as retirees experience new illnesses and need expensive treatments. Utilities also tend to rise as retirees spend more time at home. Travel is another significant cost as retirees have more free time. Small daily expenses like dining out can add up over time. Effective financial planning and wealth management are important to address tasks like paying off debt, budgeting, and managing investments.
System concepts by aman chaudhary
This document is the table of contents for a student's Masters in Business Administration thesis submitted to their professor on Management Information Systems. The document outlines chapters on topics such as the introduction of management information systems, the differences between data and information, components of systems, types of information systems, and more. It provides an overview of the key areas and concepts that will be discussed in the student's MBA thesis project.
Isforcompetitiveadvantage 100907080810-phpapp01
The document discusses how competitive strategy determines business processes and information systems structure to provide competitive advantages. It mentions new wireless payment technologies that could threaten traditional phone companies and questions what counterstrategies they could use. Porter's five forces model is referenced in relation to barriers to entry and switching costs for the new technology. The document also questions how Amazon's competitive forces could be overcome and defines key concepts like value, margins, and value chains.
Mobile Ecosystem
The document discusses the mobile ecosystem, including key players like carriers, manufacturers, developers and users. It notes changing power dynamics with platform providers and developers gaining influence. Different types of mobile users are identified. Mobile trends in 2011 include the rise of apps and mobile fragmentation. The smartphone operating system market share in the US is shown, with Android growing rapidly while Blackberry declined. Worldwide smartphone sales in 2011 are provided. Various mobile platforms and their strengths/weaknesses are briefly outlined. User experience and device design are highlighted as important factors. Worldwide tablet sales in 2011 are shown, with Android expected to gain major market share. Handset manufacturers and their roles are mentioned at the end.
La antártida y el ártico
El documento describe los problemas relacionados con el deshielo en el Ártico y la Antártida. En el Ártico, el hielo alcanzó un mínimo histórico en 2012 y el deshielo de Groenlandia se extendió, lo que podría elevar el nivel del mar en varios metros. El deshielo también está haciendo la región más accesible para la extracción de petróleo. En la Antártida, la pérdida de los glaciares occidentales ya ha comenzado y contribuirá a la elevación del
Mobile Trends - Sosyal Medya Akademi
This document summarizes key mobile trends from 2011-2012. It notes that mobile internet usage surpassed desktop usage by 2015. Android became the leading smartphone platform, followed by iOS. The iPad dominated the tablet market, though Android gained share. Apps grew significantly across platforms, and mobile communities emerged around popular apps like Facebook. Tablets changed consumer behavior and mobile payments/gaming also rose in popularity. Internet-connected devices proliferated as the "Internet of Things" took shape. Mobile marketing examples showed how brands engaged customers through their phones.
Enterprise Mobility
The document discusses the growing trend of enterprise mobility. It notes that the global enterprise mobility market is expected to increase from $5.5 billion in 2011 to $7.6 billion by 2016, with EMEA leading the growth. Industries like automotive, healthcare, entertainment, retail, education, manufacturing and financial services are adopting mobility solutions. The benefits to enterprises include reduced costs, increased productivity and efficiency. Key focus areas for enterprise mobility include sales force automation, business intelligence, cloud storage, security and collaboration.
Recommended
Essex Financial on Expenses to Expect in Retirement
Retirees need to plan for several expected expenses in retirement including health care costs, utilities, travel, and daily expenses. Health care costs often increase in retirement as retirees experience new illnesses and need expensive treatments. Utilities also tend to rise as retirees spend more time at home. Travel is another significant cost as retirees have more free time. Small daily expenses like dining out can add up over time. Effective financial planning and wealth management are important to address tasks like paying off debt, budgeting, and managing investments.
System concepts by aman chaudhary
This document is the table of contents for a student's Masters in Business Administration thesis submitted to their professor on Management Information Systems. The document outlines chapters on topics such as the introduction of management information systems, the differences between data and information, components of systems, types of information systems, and more. It provides an overview of the key areas and concepts that will be discussed in the student's MBA thesis project.
Isforcompetitiveadvantage 100907080810-phpapp01
The document discusses how competitive strategy determines business processes and information systems structure to provide competitive advantages. It mentions new wireless payment technologies that could threaten traditional phone companies and questions what counterstrategies they could use. Porter's five forces model is referenced in relation to barriers to entry and switching costs for the new technology. The document also questions how Amazon's competitive forces could be overcome and defines key concepts like value, margins, and value chains.
Mobile Ecosystem
The document discusses the mobile ecosystem, including key players like carriers, manufacturers, developers and users. It notes changing power dynamics with platform providers and developers gaining influence. Different types of mobile users are identified. Mobile trends in 2011 include the rise of apps and mobile fragmentation. The smartphone operating system market share in the US is shown, with Android growing rapidly while Blackberry declined. Worldwide smartphone sales in 2011 are provided. Various mobile platforms and their strengths/weaknesses are briefly outlined. User experience and device design are highlighted as important factors. Worldwide tablet sales in 2011 are shown, with Android expected to gain major market share. Handset manufacturers and their roles are mentioned at the end.
La antártida y el ártico
El documento describe los problemas relacionados con el deshielo en el Ártico y la Antártida. En el Ártico, el hielo alcanzó un mínimo histórico en 2012 y el deshielo de Groenlandia se extendió, lo que podría elevar el nivel del mar en varios metros. El deshielo también está haciendo la región más accesible para la extracción de petróleo. En la Antártida, la pérdida de los glaciares occidentales ya ha comenzado y contribuirá a la elevación del
Mobile Trends - Sosyal Medya Akademi
This document summarizes key mobile trends from 2011-2012. It notes that mobile internet usage surpassed desktop usage by 2015. Android became the leading smartphone platform, followed by iOS. The iPad dominated the tablet market, though Android gained share. Apps grew significantly across platforms, and mobile communities emerged around popular apps like Facebook. Tablets changed consumer behavior and mobile payments/gaming also rose in popularity. Internet-connected devices proliferated as the "Internet of Things" took shape. Mobile marketing examples showed how brands engaged customers through their phones.
Enterprise Mobility
The document discusses the growing trend of enterprise mobility. It notes that the global enterprise mobility market is expected to increase from $5.5 billion in 2011 to $7.6 billion by 2016, with EMEA leading the growth. Industries like automotive, healthcare, entertainment, retail, education, manufacturing and financial services are adopting mobility solutions. The benefits to enterprises include reduced costs, increased productivity and efficiency. Key focus areas for enterprise mobility include sales force automation, business intelligence, cloud storage, security and collaboration.
Estate planning - Lisa Detanna
Five Key Elements to protect your family and your legacy written by Lisa Detanna. Estate planning means ensuring that your assets will be applied to the objectives you choose, both now and in the future. Lisa Detanna collaborates with a diverse high net worth clientele that includes both individuals and organizations.
The talk - aging parents
Things you may need to know about your parents, before it's too late. Having the talk with aging parents can often be difficult, however, not having the talk, will likely prove to be much more difficult, later! This information will help you guard against some of the estate pitfalls that are about to hit the baby-boomers.
Things to consider when writing your Will.
The document discusses the importance of having a will and the consequences of dying without one. It notes that up to 70% of UK adults do not have a valid will. Dying without a will means that inheritance will be determined by intestacy laws, which may lead to unexpected inheritance and guardianship outcomes. The document encourages taking action now to engage a professional will writer and ensure your assets are passed to the people and causes you want through a will.
Long Term Care Planning in Illinois: Why It Should Be Part of Your Estate Plan
When you sit down to create your estate plan your primary objective will likely be to ensure that your estate assets are handled according to your wishes when you die. Learn more about long term care planning in Illinois in this presentation.
Money Talk Book-Chapter 5
Estate planning is the process of organizing your assets and determining how they will be distributed after your death. It ensures your wishes are carried out efficiently and with minimal costs and inconvenience to your family. Even people with modest assets should engage in estate planning to avoid legal and financial issues for their loved ones after death. The first step is creating a will and considering other documents like trusts, powers of attorney, and living wills. It is important to periodically review your estate plan as your family situation and assets change over time.
Legacy Planning
This document discusses legacy planning and provides tools to help individuals thoughtfully plan their estate in a way that considers family relationships and leaves a positive lasting impact. It describes how without proper planning, family disputes over inheritance are common after a parent's death. It then offers four guiding principles for legacy planning, including creating a hopeful family vision and meaningfully explaining intentions. Finally, it introduces two tools: legacy coaching to explore sensitive estate issues, and family mediation to address disputes and gain family approval of the estate plan. The goal is to thoughtfully plan one's legacy in a way that strengthens family relationships even after death.
Estate Planning and You
It is imperative that you understand what each fiduciary role encompasses and what should be considered when making a decision about whom to appoint. Learn more about estate planning in this whitepaper.
What Is North Dakota Legacy Planning
A basic estate plan will cover the essentials, but you may want to take a more comprehensive approach. Legacy planning is a broad-based, holistic form of estate planning. Learn more about North Dakota legacy planning in this presentation.
Planned Giving Summer 2015
This document discusses estate planning and making charitable gifts through your will or estate. It encourages readers to create an estate plan to ensure their wishes are fulfilled. It provides tips for effective estate planning, including seeking professional advice and listing beneficiaries. It also describes ways to support charitable causes like the Urology Care Foundation through your estate, such as making them a beneficiary of your retirement plans, life insurance, or setting up a trust. It shares the story of Adam Tigelman who left a legacy gift to the Foundation through an estate trust to support urologic research.
Estate planning 13 questions to ask yourself
- Many people delay estate planning and do not appoint guardians for their children if they die. They also do not plan for what happens if no one claims their property after death.
- When creating a will and estate plan, it is important to consider all family relationships and dependents to ensure fair treatment. One should disclose all important relationships to their lawyer.
- Estate planning now also involves virtual assets like passwords, emails and online accounts. One needs to decide how these will be handled after death and ensure executors can access them.
Long Term Care Planning - Why It Should Be Part of Your Estate Plan
When you sit down to create your estate plan your primary objective will likely be to ensure that your estate assets are handled according to your wishes when you die. Learn more about long term care planning in this presentation.
Estate Attorney in Los Angeles
Our law practice is focused on business law, business planning, estate planning, and asset protection for both personal and business assets. These areas cover a broad range of planning and legal services that help alleviate some of the issues that keep individuals and business owners up at night.
13 1405 bmo-wealth_institute_report_us_e_v7
The document discusses the importance of having estate planning conversations with family members. It notes that traditional estate planning focuses mainly on legal and tax aspects, but enhanced estate planning involves detailed discussions to communicate wishes, values and avoid family conflicts over inheritance. The document provides tips for having essential conversations, including identifying issues and hearing all perspectives, and emphasizes starting conversations before finalizing legal documents.
Aging Parents1
1. Adult children need to ask their aging parents important questions about their finances, healthcare, living situation, and end-of-life wishes while they can.
2. Questions should address whether the parents have a financial advisor, estate plan, adequate insurance, and help managing bills if needed.
3. It is important to have open communication with parents about these issues to help them plan and feel secure, while allowing them to maintain a sense of control over their lives.
Cedar Point Financial Monthly
This document discusses the differences between wills and trusts for estate planning purposes. It explains that a will directs how property is distributed after death but requires probate, while a revocable living trust allows assets to avoid probate by transferring ownership of assets to the trust during life. It notes that a trust can be used to manage assets if one becomes incapacitated, but a will is needed to name guardians. Both documents allow directing distribution of assets, but a trust may provide privacy advantages over probate. The decision depends on factors like state probate laws and property holdings.
Incapacity Planning in Missouri
Before sitting down to work on your plan, you should give some thought to what your priorities are and what goals and objectives you want to focus on in your plan. Learn more about Missouri estate planning in this presentation.
The Dire Consequences of Not Having an Asset Protection Plan: A Guide for Res...
There are several dire consequences to not having an asset protection plan, including losing your nest egg, becoming a burden on others, and worrying about money. Nursing homes are very expensive and most assets could be gone quickly without a plan. You could also be unable to leave a legacy for your family or charities. These consequences can be avoided by taking smart steps like creating trusts and powers of attorney with help from an experienced asset protection lawyer.
Planning to die
A simple guide to be prepared for the most predictable thing, and how you can ensure that your dependent family isn't taken off track completely by your loss
Estate Planning 101
This document discusses estate planning and provides 13 common mistakes people make when planning their estate. It summarizes the basics of estate planning, including what constitutes an estate and the importance of planning for incapacity, wealth transfer, and protecting beneficiaries. Some of the key mistakes highlighted include failing to plan for health care decisions, not controlling financial matters during incapacity, and not understanding estate taxes. The document stresses the importance of estate planning and avoiding these mistakes.
Estate Planning Basics
In a seminar titled, “Get Your Ducks In A Row,” Fraser Trebilcock attorney Marlaine C. Teahan shared her legal experience with families on topics that included: differences between wills and trusts and how to choose between them, the best planning ideas for minor and special needs children, and more.
More Related Content
Similar to Estate Planning
Estate planning - Lisa Detanna
Five Key Elements to protect your family and your legacy written by Lisa Detanna. Estate planning means ensuring that your assets will be applied to the objectives you choose, both now and in the future. Lisa Detanna collaborates with a diverse high net worth clientele that includes both individuals and organizations.
The talk - aging parents
Things you may need to know about your parents, before it's too late. Having the talk with aging parents can often be difficult, however, not having the talk, will likely prove to be much more difficult, later! This information will help you guard against some of the estate pitfalls that are about to hit the baby-boomers.
Things to consider when writing your Will.
The document discusses the importance of having a will and the consequences of dying without one. It notes that up to 70% of UK adults do not have a valid will. Dying without a will means that inheritance will be determined by intestacy laws, which may lead to unexpected inheritance and guardianship outcomes. The document encourages taking action now to engage a professional will writer and ensure your assets are passed to the people and causes you want through a will.
Long Term Care Planning in Illinois: Why It Should Be Part of Your Estate Plan
When you sit down to create your estate plan your primary objective will likely be to ensure that your estate assets are handled according to your wishes when you die. Learn more about long term care planning in Illinois in this presentation.
Money Talk Book-Chapter 5
Estate planning is the process of organizing your assets and determining how they will be distributed after your death. It ensures your wishes are carried out efficiently and with minimal costs and inconvenience to your family. Even people with modest assets should engage in estate planning to avoid legal and financial issues for their loved ones after death. The first step is creating a will and considering other documents like trusts, powers of attorney, and living wills. It is important to periodically review your estate plan as your family situation and assets change over time.
Legacy Planning
This document discusses legacy planning and provides tools to help individuals thoughtfully plan their estate in a way that considers family relationships and leaves a positive lasting impact. It describes how without proper planning, family disputes over inheritance are common after a parent's death. It then offers four guiding principles for legacy planning, including creating a hopeful family vision and meaningfully explaining intentions. Finally, it introduces two tools: legacy coaching to explore sensitive estate issues, and family mediation to address disputes and gain family approval of the estate plan. The goal is to thoughtfully plan one's legacy in a way that strengthens family relationships even after death.
Estate Planning and You
It is imperative that you understand what each fiduciary role encompasses and what should be considered when making a decision about whom to appoint. Learn more about estate planning in this whitepaper.
What Is North Dakota Legacy Planning
A basic estate plan will cover the essentials, but you may want to take a more comprehensive approach. Legacy planning is a broad-based, holistic form of estate planning. Learn more about North Dakota legacy planning in this presentation.
Planned Giving Summer 2015
This document discusses estate planning and making charitable gifts through your will or estate. It encourages readers to create an estate plan to ensure their wishes are fulfilled. It provides tips for effective estate planning, including seeking professional advice and listing beneficiaries. It also describes ways to support charitable causes like the Urology Care Foundation through your estate, such as making them a beneficiary of your retirement plans, life insurance, or setting up a trust. It shares the story of Adam Tigelman who left a legacy gift to the Foundation through an estate trust to support urologic research.
Estate planning 13 questions to ask yourself
- Many people delay estate planning and do not appoint guardians for their children if they die. They also do not plan for what happens if no one claims their property after death.
- When creating a will and estate plan, it is important to consider all family relationships and dependents to ensure fair treatment. One should disclose all important relationships to their lawyer.
- Estate planning now also involves virtual assets like passwords, emails and online accounts. One needs to decide how these will be handled after death and ensure executors can access them.
Long Term Care Planning - Why It Should Be Part of Your Estate Plan
When you sit down to create your estate plan your primary objective will likely be to ensure that your estate assets are handled according to your wishes when you die. Learn more about long term care planning in this presentation.
Estate Attorney in Los Angeles
Our law practice is focused on business law, business planning, estate planning, and asset protection for both personal and business assets. These areas cover a broad range of planning and legal services that help alleviate some of the issues that keep individuals and business owners up at night.
13 1405 bmo-wealth_institute_report_us_e_v7
The document discusses the importance of having estate planning conversations with family members. It notes that traditional estate planning focuses mainly on legal and tax aspects, but enhanced estate planning involves detailed discussions to communicate wishes, values and avoid family conflicts over inheritance. The document provides tips for having essential conversations, including identifying issues and hearing all perspectives, and emphasizes starting conversations before finalizing legal documents.
Aging Parents1
1. Adult children need to ask their aging parents important questions about their finances, healthcare, living situation, and end-of-life wishes while they can.
2. Questions should address whether the parents have a financial advisor, estate plan, adequate insurance, and help managing bills if needed.
3. It is important to have open communication with parents about these issues to help them plan and feel secure, while allowing them to maintain a sense of control over their lives.
Cedar Point Financial Monthly
This document discusses the differences between wills and trusts for estate planning purposes. It explains that a will directs how property is distributed after death but requires probate, while a revocable living trust allows assets to avoid probate by transferring ownership of assets to the trust during life. It notes that a trust can be used to manage assets if one becomes incapacitated, but a will is needed to name guardians. Both documents allow directing distribution of assets, but a trust may provide privacy advantages over probate. The decision depends on factors like state probate laws and property holdings.
Incapacity Planning in Missouri
Before sitting down to work on your plan, you should give some thought to what your priorities are and what goals and objectives you want to focus on in your plan. Learn more about Missouri estate planning in this presentation.
The Dire Consequences of Not Having an Asset Protection Plan: A Guide for Res...
There are several dire consequences to not having an asset protection plan, including losing your nest egg, becoming a burden on others, and worrying about money. Nursing homes are very expensive and most assets could be gone quickly without a plan. You could also be unable to leave a legacy for your family or charities. These consequences can be avoided by taking smart steps like creating trusts and powers of attorney with help from an experienced asset protection lawyer.
Planning to die
A simple guide to be prepared for the most predictable thing, and how you can ensure that your dependent family isn't taken off track completely by your loss
Estate Planning 101
This document discusses estate planning and provides 13 common mistakes people make when planning their estate. It summarizes the basics of estate planning, including what constitutes an estate and the importance of planning for incapacity, wealth transfer, and protecting beneficiaries. Some of the key mistakes highlighted include failing to plan for health care decisions, not controlling financial matters during incapacity, and not understanding estate taxes. The document stresses the importance of estate planning and avoiding these mistakes.
Estate Planning Basics
In a seminar titled, “Get Your Ducks In A Row,” Fraser Trebilcock attorney Marlaine C. Teahan shared her legal experience with families on topics that included: differences between wills and trusts and how to choose between them, the best planning ideas for minor and special needs children, and more.
Similar to Estate Planning (20)
Long Term Care Planning in Illinois: Why It Should Be Part of Your Estate Plan
Long Term Care Planning in Illinois: Why It Should Be Part of Your Estate Plan
Long Term Care Planning - Why It Should Be Part of Your Estate Plan
Long Term Care Planning - Why It Should Be Part of Your Estate Plan
The Dire Consequences of Not Having an Asset Protection Plan: A Guide for Res...
The Dire Consequences of Not Having an Asset Protection Plan: A Guide for Res...
Estate Planning
- 1. Estate Planning The primary goal of estate planning is to not only to protect and preserve your family assets, but also to protect your family.