Fundamentals of Estate Planning
- Tuesday, July 23, 2013, 6 p.m. to 7:30 p.m.
- Douglas County Senior Center, 745 Vermont St, Lawrence
- Cost: Free
- Age limit: 18+
Death is a certainty, incapacity a possibility. You need a plan for both. Fundamentals of Estate Planning will help you create those plans. The class covers what happens under intestate succession if you die without a plan; the uses of a Will or Revocable Living Trust; an overview of probate administration; the impact of estate and gift taxes; non-testamentary transfer options, such as holding property in a joint tenancy; powers of attorney for financial and healthcare decision-making; Living Wills and Do Not Resuscitate Directives; and a very general overview of how limitations on Medicaid eligibility might affect your assets. The presentation is relevant to adults of all ages, not just seniors. It is free and open to the public, and lasts about 1½ hours with time for questions. [Note – July 23rd is a rescheduling from the date listed in the Summer/Fall 2013 Activities Guide published by Lawrence Parks & Recreation.]