Basic Estate Planning

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Every time a bank account is opened or property is titled (land, car, stocks, etc.) one’s asset allocation at death is pieced together.

For most of us with fewer assets the best plan is to will all to our spouse.

However, for those with or who will accumulate assets over one million, willing all to the spouse may mean paying significantly more estate taxes to the federal government.

Scan the following fact sheets. You will find them written in plain language and understandable. Also complete the questions at the end of each lesson then refer to the answers.

Introduction

Costs of Estate Transfer

Transfers of Property

Wills

Letter of Instruction

Life Insurance

Trusts

Giving

Sale of Home

Nursing Home Costs

Medicaid and Medicare

Miscellaneous

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