Estate Planning Slides
Estate Planning Slides
Planning
Government
Charity
Your Assets
1) Family
2) Charity
3) Government (Taxes)
Family
Important Items to
Consider
Last Will & Testament
Durable Power of Attorney (POA) & Health Care Proxy (Living Will)
POA gives financial control of your assets to another if you are incapacitated.
Health Care Proxy can make health care decisions on your behalf.
Letter of Instruction
Document outlines details of estate for use by decedents and executor.
Jointly Held
Assets
Beneficiary
Designation
Assets
Survivor
Named
Beneficiary
Probate
Proceeding
Marital Trust
(Residue)
(All Income to spouse)
(Principal)
(Trustees)
(Income)
(Principal)
(Trustees)
(Income)
(Principal)
(Trustees)