Estate & Legacy Planning Workshop Series 2024
Registration Options
Registration Options
|
Price |
---|---|
Member Registration
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$500.00 |
Non-Member Registration
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$850.00 |
Agenda
September 12 | |
6:00 PM - 9:00 PM | Week One: Introduction to Planning |
September 19 | |
6:00 PM - 9:00 PM | Week Two: Get Organized |
1.1 Five Steps to Estate Planning
- Overview of the essential steps in estate planning: assess, design, implement, review, and maintain.
- Importance of each step in building a solid estate plan.
1.2 Estate Planning versus Legacy Planning
- Understanding the differences and similarities between estate planning and legacy planning.
- Integrating both approaches for comprehensive future preparation.
1.3 Top 10 Estate Planning Mistakes
- Common errors in estate planning and how to avoid them.
- Real-life examples of mistakes and their consequences.
1.5 Ten Commandments of Real Estate Planning
- Key principles to guide real estate decisions within estate planning.
- Best practices for managing real estate assets.
1.6 Your Goals – Answering the Big Questions
- Identifying personal goals and aligning them with your estate plan.
- Addressing fundamental questions about your legacy.
1.7 Letters of Instruction – Your First Draft
- Crafting a letter of instruction for your heirs.
- Key elements and practical tips for drafting your first letter.
1.8 Glossary of Key Terms
- Definitions of essential estate planning terminology.
- Building a foundation of knowledge for future lessons.
2.1 Creating Your Personal Profile
- Documenting personal details relevant to your estate plan.
- Establishing a comprehensive profile.
2.2 Compiling a Key Contacts and Documents List
- Identifying and organizing crucial contacts and documents.
- Ensuring accessibility and completeness.
2.3 Documenting Your Assets
- Creating an exhaustive list of assets, including tangible and intangible.
- Valuation and documentation techniques.
2.4 Managing Your Safe Deposit Box
- Best practices for using and managing a safe deposit box.
- Key items to store and safety considerations.
2.5 Digital Asset Inventory
- Identifying and managing digital assets.
- Securing access and transferring digital information.
2.6 Dependents and Pets
- Planning for the care and support of dependents and pets.
- Legal and practical considerations.
2.7 Real Estate Considerations
- Evaluating real estate holdings in your estate plan.
- Managing and optimizing real estate assets.
2.8 Insurance and Protection Plans
- Reviewing existing insurance policies.
- Aligning insurance coverage with estate planning goals.
2.9 Your Legacy File: Bringing It All Together
- Compiling all essential documents into a legacy file.
- Ensuring comprehensive coverage and accessibility.
3.1 The Core Team of Estate Planning
- Identifying key professionals involved in estate planning.
- Roles and responsibilities of each team member.
3.2 Selecting Your Estate Attorney
- Tips for choosing the right estate attorney.
- Questions to ask and qualifications to consider.
3.3 Choosing Financial and Tax Advisors
- Selecting financial and tax professionals for your team.
- Evaluating credentials and expertise.
3.4 The Role of the Insurance Agent
- Understanding the importance of an insurance agent.
- Integrating insurance strategies into your plan.
3.5 Real Estate Professionals and Your Estate
- Involving real estate professionals in your planning process.
- Benefits of professional real estate advice.
3.6 Executors and Trustees: Choosing Wisely
- Criteria for selecting executors and trustees.
- Responsibilities and expectations.
3.7 The Importance of a Philanthropic Advisor
- Role of philanthropic advisors in estate planning.
- Maximizing charitable impact and tax benefits.
3.8 Care Managers, Counselors and More
- Additional support roles in estate planning.
- Utilizing care managers, counselors, and other professionals.
3.9 Additional Support
- Identifying other helpful resources and support networks.
- Integrating additional support into your plan.
4.1 Initial Strategies for Wealth Conservation
- Basic strategies for protecting and conserving wealth.
- Legal tools and structures.
4.2 Trusts
- Overview of different types of trusts.
- Benefits and uses in estate planning.
4.3 Wills
- Importance of having a will.
- Key components and drafting tips.
4.4 Health Care Directive
- Creating a health care directive.
- Ensuring your medical wishes are followed.
4.5 Power of Attorney
- Understanding and assigning power of attorney.
- Types and scope of authority.
4.6 Other Common Tools and Information
- Additional legal tools for estate planning.
- Practical applications and considerations.
4.7 Business Entity Structures
- Impact of business structures on estate planning.
- Choosing the right entity for your needs.
4.8 Annual Reviews
- Importance of regularly reviewing and updating your plan.
- Checklist for annual reviews.
5.1 Understanding Estate Taxes
- Basics of estate taxes and how they work.
- Strategies to minimize estate tax liabilities.
5.2 Navigating Gift Taxes
- Understanding and managing gift taxes.
- Legal limits and implications.
5.3 Income Tax Considerations in Estate Planning
- Impact of income taxes on estate planning.
- Planning strategies to optimize tax efficiency.
5.4 The Role of Trusts in Tax Planning
- How trusts can help with tax planning.
- Types of trusts and their tax benefits.
5.5 Charitable Giving and Tax Implications
- Tax benefits of charitable giving.
- Structuring charitable donations for maximum impact.
5.6 Real Estate and Tax Planning
- Tax considerations for real estate holdings.
- Strategies to minimize tax impact.
5.7 Business Ownership and Succession Planning
- Planning for business succession and continuity.
- Tax implications of business transfers.
5.8 Tax-Efficient Retirement Planning
- Strategies for tax-efficient retirement planning.
- Aligning retirement plans with estate goals.
5.9 Practical Tax Minimization Techniques
- Techniques to minimize tax liabilities.
- Legal strategies and practical applications.
5.10 Tax Obligations After Death
- Understanding tax obligations after death.
- Filing requirements and deadlines.
6.1 Fundamentals of Real Estate Investment
- Basics of investing in real estate.
- Evaluating potential investment properties.
6.2 Interest Rates and Market Updates
- Understanding the impact of interest rates on real estate.
- Keeping up with market trends and updates.
6.3 Rental Property Management
- Managing rental properties effectively.
- Legal and practical considerations.
6.4 Diversifying Your Real Estate Portfolio
- Importance of diversification in real estate investments.
- Strategies for a balanced portfolio.
6.5 Financing and Leveraging Real Estate Investments
- Financing options for real estate investments.
- Leveraging assets for growth.
6.6 Tax Advantages and Real Estate
- Tax benefits of real estate investments.
- Maximizing tax advantages.
6.7 Estate Planning Considerations
- Incorporating real estate into your estate plan.
- Managing real estate assets effectively.
6.8 Real Estate Investment Trusts (REITs) and Delaware Statutory Trusts (DSTs)
- Understanding REITs and DSTs.
- Benefits and considerations.
6.9 Risk Management in Real Estate Investment
- Managing risks in real estate investments.
- Mitigation strategies and best practices.
7.1 Introduction to Charitable Giving
- Basics of charitable giving and its benefits.
- Different forms of charitable contributions.
7.2 Blending Philanthropy with Investing
- Combining philanthropy with investment strategies.
- Achieving financial and charitable goals simultaneously.
7.3 Engaging Family in Philanthropy
- Involving your family in charitable activities.
- Benefits of family philanthropy.
7.4 Incorporating Philanthropy into Your Legacy
- Making philanthropy a part of your legacy.
- Long-term planning for charitable giving.
7.5 Tax Benefits of Charitable Giving
- Tax advantages of charitable donations.
- Structuring gifts for maximum tax benefits.
7.6 Expanded Charitable Trusts
- Understanding various charitable trust options.
- Benefits and applications.
7.7 Various Charitable Strategies
- Different strategies for charitable giving.
- Choosing the right approach for your goals.
7.8 Case Study
- Real-life examples of effective charitable giving.
- Lessons learned and best practices.
8.1 Preparing for the Inevitable: Near Death Planning
- Planning for end-of-life.
- Practical and emotional considerations.
8.2 Emotional and Psychological Aspects of Grieving
- Understanding grief and its impact.
- Supporting yourself and others.
8.3 The Role of Executors and Trustees
- Responsibilities of executors and trustees.
- Selecting and supporting these roles.
8.4 The Immediate Aftermath: Steps Following Death
- Immediate steps to take after a death.
- Legal and practical considerations.
8.5 Trust Administration & Implementation
- Administering and implementing trusts.
- Best practices for trustees.
8.6 Tax Obligations After Death
- Handling tax obligations post-death.
- Filing requirements and timelines.
8.7 Estate Closure: Finalizing Affairs & Distribution
- Finalizing the estate and distributing assets.
- Legal and practical steps for closure.
9.1 Bringing It All Together
- Reviewing all aspects of your estate plan.
- Ensuring comprehensive coverage.
9.2 Legal: Ensuring Document Order
- Ensuring all legal documents are in order.
- Finalizing legal details.
9.3 Financial Review: Asset Alignment
- Aligning assets with your estate plan.
- Reviewing and adjusting asset allocation.
9.4 Tax Implications: Professional Review
- Reviewing tax implications with professionals.
- Ensuring tax efficiency.
9.5 Family Communication: Vision Sharing
- Sharing your vision with your family.
- Effective communication strategies.
9.6 Final Adjustments: Plan Refinement
- Making final adjustments to your plan.
- Ensuring everything is up-to-date.
9.7 Securing Documents: Safekeeping and Access
- Best practices for document safekeeping.
- Ensuring accessibility and security.
10.1 Importance of Open Communication
- Importance of clear communication in estate planning.
- Building a culture of openness.
10.2 Addressing Potential Conflicts
- Handling conflicts within the family.
- Mediation and resolution strategies.
10.3 Executor and Trustee Roles
- Communicating the roles of executors and trustees.
- Ensuring clarity and understanding.
10.4 Conducting Family Meetings
- How to effectively conduct family meetings.
- Tips for productive discussions.
10.5 Updating the Family on Plan Changes
- Keeping your family informed about changes to your plan.
- Regular updates and communication.
For More Information:
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