November 18, 2022 @ 10:00 am – 11:00 am
The Health & Aquatic Club
Erika Cook

Estate planning is the process of organizing your affairs to accomplish long-range goals for yourself and your family.  In this series, we will explore the three stages of estate planning: lifetime planning, end-of-life planning, and asset protection planning.  A well-rounded plan includes all three.  We will clarify the role of a Power of Attorney and illustrate the difference between an Advance Health Care Directive and a Do-Not Resuscitate Order.  We will unravel the probate process and explain the use of Trusts in Delaware (Maryland) to avoid probate, and how Wills and Trusts work together to create a thorough estate plan.  We will cover the benefits of a thorough tangible personal property memorandum, the dangers of jointly owned assets, and the importance of appropriate beneficiary designations.  Finally, we will explain the ethics surrounding asset protection planning to shelter assets from the costs of long term care.  This conclusion will discuss the planning strategies available and most commonly used.

Complimentary coffee and pastries will be available. This class will also be offered online. Participants will receive a link prior to the class.