Topics Include: Counseling vs. word processing – what are you really paying for; wills vs. trusts; living wills; powers of attorney; probate – what is it?; why most living trusts do not work when needed and do not avoid probate as planned; leave your assets to loved ones potentially protected from divorce/creditors; how legal fees are determined and strategies to significantly reduce your overall costs; what is trust funding and why is it ESSENTIAL to the success of a living trust; how often should I update my estate plan; types of taxes and more!
Discover that when someone dies their stuff officially becomes their “estate.” Discover that title to assets controls, and things can change or be re-defined after death as part of the “estate” which can sometimes produce unwanted results or expenses that are against the wishes and intent of the decedent. There will be many tasks to be performed on behalf of the decedent and now the “estate.” Many of the tasks are statutory (required by law) and many are required by the decedent’s instructions. The workshop will educate you in plain language about all aspects, including things like: learn the difference between trust and probate estate administration; learn when court involvement is a must (probate) regardless of the decedent’s intent; learn what you must do under the law, both with the state/county and the IRS, and how to do it; learn what bills must be paid and which ones not; learn who pays for what and when; learn to deal with beneficiaries, siblings, creditors, etc., and much more. Leave the workshop assured that if you are left in charge you will bear no personal responsibility for any “estate” issues if you perform properly, and you can take pleasure in knowing that you have helped your family.
DOCUBANK - MEDICAL ALERT - FREE!
You probably don’t carry your all important powers of attorney around with you, so when you need them the DocuBank service ensures that your health care power of attorney/living will, HIPAA authorization, and other important medical information will be available at ANY place where you are being treated, 24/7, within minutes!
At the Law Office of Jack W. Bolling PC, we provide each client a 1 year gift membership to DocuBank at no additional cost!
Clients that stay in our estate plan update and maintenance program are re-enrolled each year FREE!
Click on the short video below for more info!