Fundamentals of Estate Planning
- Tuesday, Nov. 12, 2013, 2 p.m. to 3:30 p.m.
- Senior Resource Center for Douglas County, 2920 Haskell Ave, 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. It is free and open to the public, and lasts about 1½ hours with time for questions.