QUALITY ESTATE PLANNING JAMES M WOOD
Description: QUALITY ESTATE PLANNING JAMES M WOOD WOODLAWOAKLANDGMAIL.COM If I die . . . . Most people die at 25 and arent buried until theyre 75. Benjamin Franklin Im always relieved when someone is delivering a eulogy and I realise Im listening
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slide1. QUALITY ESTATE PLANNING JAMES M WOOD
WOODLAWOAKLAND@GMAIL.COM<br>
slide2. If I die . . . . “Most people die at 25 and aren’t buried until they’re 75.” Benjamin Franklin
I'm always relieved when someone is delivering a eulogy and I realise I'm listening to it. George Carlin
It's not that I'm afraid to die, I just don't want to be there when it happens. Woody Allen<br>
slide3. OVERVIEW The talk
Life Planning
Will or Trust
Or not
Personal – assets, family, death
Power of attorney
End of life choices
Advanced Health Care Directive
Orders for Life-Sustaining Treatment
Do Not Resuscitate<br>
slide4. THE TALK<br>
slide5. WHO WILL TAKE CARE OF ME? POWER OF ATTORNEY
GENERAL OR SPECIAL CIRCUMSTANCES
ENDS ON INCAPACITY
DURALE POWER OF ATTORNEY
CONTINUES AFTER LOSS OF CAPACITY
SPRINGING POWER OF ATTORNEY
EFFECTIVE ON DATE OR CONDITION
OTHERS<br>
slide6. ESTATE PLANNING WILLS TRUSTS<br>
slide7. OPTIONS TO WILLS OR TRUSTS JOINT TENANCY
REVOCABLE TRANSFER UPON DEATH
FOR LIFE INSURANCE, RETIREMENT PLANS, TRUSTEE BANK ACCOUNTS, PAY ON DEATH ASSETS
SPEND IT ALL<br>
slide8. OPTIONS FOR YOUR HEIRS Affidavit for Transfer of Personal Property Worth $150,000 or Less
All real and personal property.
All life insurance or retirement benefits that will be paid to the estate (but not any insurance or retirement benefits designated to be paid to some other person).
Affidavit Contents
Process<br>
slide9. HEALTH CARE DECISIONS ADVANCE HEALTH CARE DIRECTIVE DO NOT RECUSITATE
PHYSICIAN ORDERS FOR LIFE-SUSTAINING TREATMENT<br>
slide10. CONSERVATORSHIP<br>
slide11. HOW TO SET UP A CONSERVATORSHIP<br>
slide12. DUTIES OF A CONSERVATOR<br>
slide13. THE TALK REDUX<br>
slide14. THANKS!<br>
WOODLAWOAKLAND@GMAIL.COM<br>
slide2. If I die . . . . “Most people die at 25 and aren’t buried until they’re 75.” Benjamin Franklin
I'm always relieved when someone is delivering a eulogy and I realise I'm listening to it. George Carlin
It's not that I'm afraid to die, I just don't want to be there when it happens. Woody Allen<br>
slide3. OVERVIEW The talk
Life Planning
Will or Trust
Or not
Personal – assets, family, death
Power of attorney
End of life choices
Advanced Health Care Directive
Orders for Life-Sustaining Treatment
Do Not Resuscitate<br>
slide4. THE TALK<br>
slide5. WHO WILL TAKE CARE OF ME? POWER OF ATTORNEY
GENERAL OR SPECIAL CIRCUMSTANCES
ENDS ON INCAPACITY
DURALE POWER OF ATTORNEY
CONTINUES AFTER LOSS OF CAPACITY
SPRINGING POWER OF ATTORNEY
EFFECTIVE ON DATE OR CONDITION
OTHERS<br>
slide6. ESTATE PLANNING WILLS TRUSTS<br>
slide7. OPTIONS TO WILLS OR TRUSTS JOINT TENANCY
REVOCABLE TRANSFER UPON DEATH
FOR LIFE INSURANCE, RETIREMENT PLANS, TRUSTEE BANK ACCOUNTS, PAY ON DEATH ASSETS
SPEND IT ALL<br>
slide8. OPTIONS FOR YOUR HEIRS Affidavit for Transfer of Personal Property Worth $150,000 or Less
All real and personal property.
All life insurance or retirement benefits that will be paid to the estate (but not any insurance or retirement benefits designated to be paid to some other person).
Affidavit Contents
Process<br>
slide9. HEALTH CARE DECISIONS ADVANCE HEALTH CARE DIRECTIVE DO NOT RECUSITATE
PHYSICIAN ORDERS FOR LIFE-SUSTAINING TREATMENT<br>
slide10. CONSERVATORSHIP<br>
slide11. HOW TO SET UP A CONSERVATORSHIP<br>
slide12. DUTIES OF A CONSERVATOR<br>
slide13. THE TALK REDUX<br>
slide14. THANKS!<br>