Estate Planning Basics - Preparing for Incapacity and Existing Plans

210 S. James Garner Ave.,Norman OK 73069

11 January, 2023

Description

Here some of the questions/topics addressed during this session: - What is the difference between a Will and a Trust? - Power of Attorney vs. Guardianship proceedings; - What is probate? How to avoid it; - Beneficiaries to financial accounts, such as life insurance, retirement stocks... things to have in mind; - Minor children provisions. FOCUS: Power of Attorney vs. Adult Guardianship Proceedings - what triggers them? Who determines that a person is incapacitated? Existing Estate Planning Documents - are they still valid? For how long? How do I amend my Trust?